Tag: Ship breaking

Seasonal disruptions continue to slow recycling operations across yards Weak steel demand keeps mill procurement cautious and trade volumes subdued Ship-breaking melting scrap prices in Alang, Gujarat, increased on 10 July, with HMS (80:20) assessed at INR 34,000/t ($357/t) ex-yard. The rise was primarily driven by persistent monsoon rainfall, which disrupted ship-cutting operations and reduced…