Category: Ship Breaking
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India: Alang scrap prices remain stable as buyers maintain cautious stance
Gujarat billet prices rise, while rebar remains stable Mandi billet and rebar prices were broadly unchanged Alang’s ship-breaking melting scrap prices for HMS 80:20 remained unchanged d-o-d at INR 38,500/tonne (t) ($400/t) ex-yard on 7 October 2026. Market activity remained subdued, with buyers continuing to adopt a cautious procurement approach. Despite firmer scrap prices in…