Tag: Rebar prices India
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India: Alang melting scrap prices rise on strong steel market sentiment
Stronger steel prices and improved buying support scrap market Mandi sees renewed procurement after long period of inactivity Ship-breaking melting scrap (HMS 80:20) prices in Alang, Gujarat, increased by INR 100/t d-o-d to INR 37,300/t ($390/t) ex-yard on 11 September 2026. Market sentiment improved as steel prices rose sharply across key consuming markets, encouraging mills…