Tag: Scrap Prices

India: Alang ship-breaking scrap rises by INR 300/t d-o-d amid firmer buying sentiment

Aug 6, 2026

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by

Yashika Agrawal

in Ship Breaking

Alang scrap extends gains as buying interest improves Mandi market remains cautious despite firmer steel prices Ship-breaking melting scrap prices in Alang, Gujarat, increased by INR 300/t ($3/t) day on day, with HMS (80:20) assessed at INR 33,300/t ($350/t) ex-yard. The increase was supported by improved buying interest from rolling mills after recent range-bound trading,…