India: Melting scrap prices inch up by INR 100/t d-o-d in Alang

Ship-breaking melting scrap prices in Gujarat’s Alang market inched up by INR 100/t d-o-d on 19 Dec’25, as per BigMint’s assessment. HMS (80:20) stood at INR 30,900/t ($343/t) exy. The region witnessed moderately strong demand for both semi-finished and finished steel in the previous trading session. This, along with improved buying inquiries for scrap from Bhavnagar-based mills, prompted suppliers to raise their offers today.


Comments

Leave a Reply

Your email address will not be published. Required fields are marked *