Tag: india scrap market

India: Alang melting scrap prices remain firm as vessel shortages keep supply tight

Jun 16, 2026

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by

Yashika Agrawal

in Ship Breaking

Strong freight earnings encouraged shipowners to extend vessel operations Record-low vessel arrivals, steady demand offset impact of softer steel prices India’s ship-breaking melting scrap prices in Gujarat’s Alang market remained unchanged d-o-d on 16 June 2026, with BigMint’s assessment placing HMS (80:20) at INR 35,300/t ($373/t) ex-yard. The stability came despite mild corrections in semi-finished…