Category: Ship Breaking

Mandi, Bhavnagar billet prices fall, weighing on steel sentiment Cautious buying continues to limit trade activity across segments Alang’s ship-breaking melting scrap prices (HMS 80:20) declined by INR 500/t ($5/t) d-o-d to INR 38,000/tonne (t) ($393/t) ex-yard on 9 October 2026. The decline reflects continued weakness in regional steel prices, which has weighed on buyers’ procurement…