India: Melting scrap prices fall by INR 200/t d-o-d in Alang

Ship-breaking melting scrap prices in Gujarat’s Alang market decreased by INR 200/t d-o-d on 28 Apr’26. According to BigMint’s assessment, HMS (80:20) prices stood at INR 37,000/t ($392/t) ex-yard. Semi-finished and finished steel prices fell by INR 100-300/t in the region due to the moderate trade activities in the previous trading session. Meanwhile, average trade activity in scrap prompted suppliers to reduce their offers today.


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