Tag: melting scrap prices

India: Ship-breaking scrap prices in Alang decline by INR 500/t d-o-d amid improving supply

Aug 10, 2026

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by

Yashika Agrawal

in Ship Breaking

Scrap generation process begins on Jun-Jul vessel arrivals Mandi-Gobindgarh scrap prices weaken amid cautious buying Ship-breaking melting scrap (HMS 80:20) prices in Alang, Gujarat, declined by INR 500/t ($5/t) d-o-d to INR 32,500/t ($341/t) ex-yard. The decline came as scrap availability improved with higher generation from recently beached vessels. Market participants said the impact of…