Tag: Mandi steel prices
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India: Alang scrap prices fall further amid weak buying interest
Gujarat and Mandi steel prices declined Buyers remained cautious amid weak liquidity and delayed payments Alang’s ship-breaking melting scrap prices for HMS 80:20 fell INR 300/tonne (t) day-on-day (d-o-d) to INR 38,500/t ($400/t) ex-yard on 6 October 2026, as weak buying interest and cautious procurement continued to weigh on the market. Buyers remained focused on…