Ship-breaking melting scrap prices in Gujarat’s Alang market rose by INR 1,000/t d-o-d on 16 Jan’26. HMS (80:20) prices were assessed at INR 32,800/t ($362/t) exy. Improved trading activity in the regional steel market, supported by an increase of INR 1,400-1,600/t in semi-finished and finished steel prices, lifted scrap prices. Robust demand and a slight supply shortage further encouraged scrap suppliers to raise offers today.
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