India: Melting scrap prices remain firm d-o-d in Alang

Ship-breaking melting scrap prices in Alang, Gujarat, remained stable d-o-d on 2 Aug’25. According to BigMint’s assessment, HMS (80:20) prices were at INR 31,800/t ($365/t) ex-yard. Prices of semi-finished and finished steel held steady in yesterday’s trading session in the region. This, along with moderate trade activities for scrap, prompted suppliers to keep their offers stable today.