India: Melting scrap prices remain unchanged d-o-d in Alang

Ship-breaking melting scrap prices in Alang, Gujarat, remained stable d-o-d on 5 Aug’25. According to BigMint’s assessment, HMS (80:20) prices were at INR 32,000/t ($364/t) ex-yard. Although semi-finished steel prices have experienced an uptick, the overall pace of trade has been steady, driven by moderate demand for scrap. This balanced market environment has led suppliers to keep prices consistent for the time being.