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Tag: alang bhangar

  • India: Melting scrap prices drop by INR 200/t d-o-d in Alang

    India: Melting scrap prices drop by INR 200/t d-o-d in Alang

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    by

    Tarun Naidu
    in

    Prices of ship-breaking melting scrap in Gujarat’s Alang market decreased by INR 200/t d-o-d on 23 Aug’25, according to BigMint’s analysis. HMS (80:20) was assessed at INR 31,700/t ($363/t) ex-yard. Weak demand for semi-finished and finished steel during yesterday’s trading session led to subdued scrap procurement, compelling suppliers to reduce their prices today.