Tag: India: Melting scrap prices fall by INR 200/t d-o-d in Alang

Ship-breaking melting scrap prices in Gujarat’s Alang decreased by INR 200/t d-o-d on 24 Oct’25. According to BigMint’s assessment, HMS (80:20) was assessed at INR 29,800/t ($340/t) ex-yard. The Ahmedabad and Bhavnagar markets appear to be closed in observance of the Gujarati New Year and Diwali. On a m-o-m basis, HMS prices in Alang declined…