Tag: Mandi Gobindgarh scrap
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India: Alang melting scrap prices decline amid weak steel demand
Softer billet, rebar weigh on scrap prices across Gujarat Demand from Mandi scrap buyers picks up after price drop Alang’s ship-breaking melting scrap (HMS 80:20) prices corrected by INR 500/t d-o-d to INR 37,000/t ($387/t) ex-yard on 23 September 2026. The decline followed weaker steel prices across key consuming markets, with slow buying and subdued…