Tag: SteelMint Alang melting scrap prices

India: Melting scrap prices edge down by INR 300/t in Alang

Sep 22, 2022

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by

Shankar

in Melting Scrap

Ship-breaking melting scrap prices in Gujarat’s Alang declined by INR 300/t d-o-d on 22 Sep, as per SteelMint assessment. Prices of HMS (80:20) are assessed at INR 41,500/t exy. Limited demand for semi-finished and finished steel in the Gujarat market weighed on scrap prices.