05 December 2008	The on-line newspaper devoted to the world of transports	05:21 GMT+1

September 8, 2003 Shipbreaking at Alang suspended as steel scrap prices crash An unexpected price crash in re-rollable steel scrap even as steel prices went up raising junk ship rates to record highs has forced Alang ship-breaking yard to close down its activities for three days from September 5. Ship demolition prices came down from its peak of $ 270 per light displacement tonnage (LDT) to $ 220-230 per LDT levels. The Gujarat Ship Breakers’ Association (GSBA) move has badly affected the 30,000-plus daily-wage workers in Alang. A senior GSBA official said that Alang will continue to work on a four-day-week schedule for two weeks. The scrap prices have fallen to Rs 11,000 from Rs 12,800 per tonne ...... Read more on Exim India Search for hotel Destination O Other destinations Check-in date 12345678910111213141516171819202122232425262728293031 JanFebMarAprMayJunJulAugSepOctNovDec Check-out date 12345678910111213141516171819202122232425262728293031 JanFebMarAprMayJunJulAugSepOctNovDec Search on Select the subject:  All News Ports Tourism Database Aviation Trucking Index Home Page Press Review - Piazza Matteotti 1/3 - 16123 Genoa - ITALY phone: +39.010.2462122, fax: +39.010.2516768, e-mail