Tag: Bhavnagar steel prices

India: Alang ship-breaking scrap prices fall on weak steel demand

Jun 23, 2026

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by

Yashika Agrawal

in Ship Breaking

Softer semis, finished steel prices keep scrap buying need-based Long-term outlook positive, India emerges as world’s top ship-recycler Ship-breaking melting scrap prices in Gujarat’s Alang market declined by INR 600/t d-o-d on 22 June 2026, as buyers continued to procure cautiously despite relative stability in the downstream steel segment. According to BigMint’s assessment, HMS (80:20)…