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

Ship-breaking melting scrap prices in Alang, Gujarat, remained stable d-o-d on 23 Apr’26. According to BigMint’s assessment, HMS (80:20) prices were at INR 37,000/t ($393/t) ex-yard. Trading activity in semi-finished and finished steel slowed in the latter part of the previous session, reflecting weaker sentiment. However, moderate scrap trade supported the market, prompting suppliers to keep their offers unchanged today.


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