Tag: domestic scrap vs shipbreaking scrap
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India: Melting scrap prices remain unchanged d-o-d in Alang
Ship-breaking melting scrap prices in Alang, Gujarat, remained stable d-o-d on 12 Aug’25. According to BigMint’s assessment, HMS (80:20) prices were at INR 31,800/t ($363/t) ex-yard. Currently, an estimated 30-35 ships are undergoing scrapping at Alang. However, the demand for shipbreaking scrap has eased amid the availability of domestic scrap at comparatively lower prices. As…