Author: Kamal Gohil
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India: Melting scrap prices rise by INR 500/t d-o-d in Alang
Ship-breaking melting scrap prices in Gujarat’s Alang market rose by INR 500/t d-o-d on 30 Mar’26, as per BigMint’s assessment. HMS (80:20) prices were assessed at INR 36,000/t ($381/t) exy. The regional market witnessed active trading, supported by a INR 200-300/t rise in semi-finished and finished steel prices. Additionally, improved buying inquiries for scrap prompted…