Author: Yashika Agrawal
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India: Ship-breaking scrap prices rise by INR 200/t d-o-d on firm mill buying
Gujarat steel market remains largely stable d-o-d Mandi steel demand stays cautious amid monsoon Ship-breaking melting scrap (HMS 80:20) prices in Alang, Gujarat, increased by INR 200/t d-o-d to INR 34,000/t ($355/t) ex-yard on 18 August 2026 and the rise came as secondary steel mills maintained steady procurement amid firm raw material requirements. Gujarat market…