Tag: India: Melting scrap prices fall by INR 100/t d-o-d in Alang

Ship-breaking melting scrap prices in Gujarat’s Alang market decreased by INR 100/t d-o-d on 21 Aug’25. According to BigMint’s assessment, HMS (80:20) prices were at INR 31,900/t ($367/t) ex-yard. Semi-finished steel prices in the region declined by INR 200-300/t in yesterday’s trading session. Meanwhile, average trade activity in scrap prompted suppliers to reduce their offers…