Tag: Ahmedabad rebar

India: Ship-breaking scrap prices in Alang drop by INR 500/t d-o-d amid weak demand

Jul 24, 2026

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by

Yashika Agrawal

in Ship Breaking

Prices fluctuating within INR 33,500-34,000/t band in recent weeks Muted steel demand, thin trading activity continue to weigh on prices Ship-breaking melting scrap prices in Alang, Gujarat, declined by INR 500/t d-o-d on 24 July, with HMS (80:20) assessed at INR 33,500/t ex-yard. Weak buying interest from steelmakers and recyclers, coupled with limited trading activity,…