Tag: Alang shipbreaking melting scrap prices
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India: Melting scrap prices fall by INR 400/t d-o-d in Alang
Ship-breaking melting scrap prices in Gujarat’s Alang market fell INR 400/t d-o-d on 31 Dec’25. According to BigMint’s assessment, HMS (80:20) prices stand at INR 32,300/t ($359/t) ex-yard. Trading activity in the semi-finished and finished steel segments slowed during the latter half of the previous trading session. This, coupled with buyer resistance to higher offers,…