Tag: Mandi billet prices
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India: Alang melting scrap prices decline amid weak buying interest
Limited buying pressure weighs on Alang scrap prices Stronger steel prices in Gujarat and Mandi offer some market support Ship-breaking melting scrap (HMS 80:20) prices in Alang, Gujarat, decreased by INR 300/t d-o-d to INR 37,000/t ($390/t) ex-yard on 9 September 2026. The decline followed very limited buying activity, with buyers remaining cautious and reluctant…