Tag: billet market India

India: Alang ship-breaking scrap declined by INR 300/t d-o-d amid softer steel sentiment

Aug 8, 2026

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by

Yashika Agrawal

in Ship Breaking

Ship-breaking scrap prices decline on softer billet market conditions Mandi Gobindgarh faces scrap shortages and production disruptions Ship-breaking melting scrap prices in Alang, Gujarat, declined by INR 300/t ($3/t) day on day to INR 33,000/t ($347/t) ex-yard for HMS (80:20), reflecting softer market conditions and cautious buying interest. Softer downstream steel demand and subdued mill…