Ship-breaking melting scrap prices in Gujarat’s Alang increased by INR 200/t d-o-d on 17 Apr’26, as per BigMint’s assessment. HMS (80:20) prices were assessed at INR 37,000/t ($399/t) exy. The increase comes despite softer steel prices in the previous session in the region. Scrap shortages due to ongoing gas supply issues tightened availability, encouraging scrap suppliers to raise their offers today.
Leave a Reply