Tag: Alang Scrap

India: Alang melting scrap prices decline by INR 500/t d-o-d further amid weak steel market

Sep 24, 2026

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by

Yashika Agrawal

in Ship Breaking

Continued corrections in billet and rebar weigh on scrap values Weak demand keeps mills focused on immediate procurement needs Alang’s ship-breaking melting scrap (HMS 80:20) prices corrected by INR 500/t d-o-d to INR 36,500/t ($381/t) ex-yard on 24 September 2026. The decline followed another sharp correction in steel prices across Gujarat and Mandi Gobindgarh, with…