Category: Ship Breaking
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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…