India: Melting scrap prices inch up by INR 300/t d-o-d in Alang

Ship-breaking melting scrap prices in Gujarat’s Alang inched up by INR 300/t d-o-d on 9 Jul’25, as per BigMint’s assessment. HMS (80:20) prices were assessed at INR 31,800/t ($370/t) exy. Semi-finished steel prices increased by INR 200-300/t in the region during yesterday’s trading session. Additionally, decent buying inquiries for scrap prompted suppliers to raise their offers today.