Tag: steel bookings

Gujarat steel prices rise INR 300-700/t, lifting scrap prices Supply disruptions tighten northern market scrap supply Ship-breaking melting scrap prices in Alang, Gujarat, increased by INR 300/t ($3/t) d-o-d on 4 August, with HMS (80:20) assessed at INR 32,800/t ($344/t) ex-yard. The increase was driven by stronger buying interest from rolling mills following an improvement…