India: Melting scrap prices increase by INR 400/t d-o-d in Alang

Ship-breaking melting scrap prices in Gujarat’s Alang increased by INR 400/t d-o-d on 5 Nov’25, as per BigMint’s assessment. HMS (80:20) prices were assessed at INR 30,700/t ($346/t) exy. The regional market witnessed active trading, supported by an INR 300/t increase in semi-finished steel prices. Additionally, decent buying inquiries for scrap prompted suppliers to raise their offers today.


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