Ship-breaking melting scrap prices in Gujarat’s Alang market decreased by INR 200/t d-o-d on 13 Jan’26. According to BigMint’s assessment, HMS (80:20) prices stand at INR 31,300/t ($347/t) ex-yard. The regional steel market witnessed subdued trade activity due to the upcoming Uttrayan (Makar Sankranti) festival. Meanwhile weak scrap buying interest from local consumers prompted suppliers to lower their offers.
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