Tag: Raksha Bandhan

India: Alang’s melting scrap prices rise INR 1,000/t d-o-d, INR 1,200/t w-o-w

Aug 29, 2026

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by

Yashika Agrawal

in Ship Breaking

Prices surge d-o-d amid fresh trades post Raksha Bandhan Billet, rebar prices in Gujarat, Mandi Gobindgarh increase Ship-breaking melting scrap (HMS 80:20) prices in Alang, Gujarat, increased sharply by INR 1,000/t d-o-d ($10/t) to INR 36,500/t ($383/t) ex-yard on 29 August, taking the w-o-w gain to INR 1,200/t. The rise followed in the previous session…