Tag: Alang steel scrap
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Alang: India ship-breaking scrap prices ease amid weak demand and cautious buying
Buyers remain cautious amid limited procurement activity Gujarat steel prices show mixed trends, while Mandi holds steady Alang’s ship-breaking melting scrap prices for HMS 80:20 decreased by INR 200/tonne (t) day-on-day (d-o-d) to INR 38,800/t ($403/t) ex-yard on 5 October 2026. Market sentiment remained weak, with limited buying interest and a wide gap between sellers’…