Tag: India: Melting scrap prices remain steady for third consecutive day in Alang

Ship-breaking melting scrap prices in Alang, Gujarat, remained stable d-o-d for the third consecutive day on 11 Feb’26. According to BigMint’s assessment, HMS (80:20) prices were at INR 33,500/t ($370/t) ex-yard. The regional market witnessed average trade activity in semi-finished and finished steel yesterday. Furthermore, moderate scrap procurement interest from Bhavnagar-based IF mills led suppliers…