Tag: India: Alang ship-breaking scrap prices decline INR 300/t d-o-d on weak steel market

Re-rollable scrap prices also softened by around INR 200-600/t Only around 8-10 vessels currently available for recycling at Alang India’s ship-breaking melting scrap prices in Alang, Gujarat, declined on 18 June 2026 as weakness in the domestic steel market weighed on sentiment. According to BigMint’s assessment, HMS (80:20) melting scrap fell by INR 300/t day-on-day…