[SMM Steel] Alang Ship Recycling Market Holds Steady on Moderate Demand
[India] The Alang ship recycling market remained stable on Thursday with prices unchanged. Overall market sentiment is steady and range-bound with no significant price movement observed on a daily basis. Demand remains moderate, while trading activity is relatively subdued as buyers continue to remain cautious and selective. Alang 8Ani (12mm) plate prices unchanged at 422USD/tonne (40,300INR/tonne). Melting scrap prices are flat at 361USD/tonne (34,500INR/tonne) and HMS attachment prices are also flat at 382USD/tonne (36,500INR/tonne).