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

Ship-breaking melting scrap prices in Alang, Gujarat, remained stable d-o-d on 7 Mar’26. According to BigMint’s assessment, HMS (80:20) prices were at INR 35,000/t ($379/t) ex-yard. Ahmedabad- and Bhavnagar-based mills in Gujarat held semi-finished and finished steel prices stable during the last trading session. This stability prompted scrap suppliers to maintain their offers today.