Tag: Alang steel market

India: Ship-breaking scrap prices rise by INR 500/t d-o-d on low inventories

Aug 19, 2026

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by

Yashika Agrawal

in Ship Breaking

Tight scrap availability lifts Alang prices Higher billet costs support rebar prices Ship-breaking melting scrap (HMS 80:20) prices in Alang, Gujarat, increased by INR 500/t ($5/t) day on day to INR 34,500/t ($360/t) ex-yard on 19 August. The increase was driven by low inventories across the market and a shortage of raw material, with suppliers…