Tag: India: Melting scrap prices drop by INR 300/t d-o-d in Alang

Ship-breaking scrap prices in Alang, Gujarat increased by INR 300/t d-o-d on 22 Apr’25, according to BigMint’s latest assessment. HMS (80:20) stood at INR 34,500/t ($405/t) exy. The imposition of safeguard duties on imports has positively impacted the steel industry, which is one of the key reasons why scrap sellers raised their offers today.