Tag: ship breaking todays prices+alang market

India: Melting scrap prices fall by INR 200/t d-o-d in Alang

Sep 2, 2024

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by

Tarun Naidu

in Uncategorized

On 2 September, 2024, ship-breaking melting scrap prices in Gujarat’s Alang market fell by INR 200/t from the previous day. BigMint’s evaluation set the HMS (80:20) price at INR 33,800/t ex-yard. Limited trading activity in semi-finished and finished steel was noted in the last trading session, and the reduced average trade in scrap led to…