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

India’s ship-breaking melting scrap prices in Gujarat’s Alang market saw a d-o-d increase of INR 100/t on 17 Mar’25, according to BigMint’s assessment. HMS (80:20) was quoted at INR 33,600/t ($387/t) ex-yard. The region experienced moderate demand for both semi-finished and finished steel during the previous trading session. Additionally, steady inquiries for scrap from Bhavnagar-based mills encouraged suppliers to raise their offers today.