Tag: scrap sentiment

India: Alang melting scrap prices rise d-o-d as billet market strengthens

Sep 26, 2026

—

by

Yashika Agrawal

in Ship Breaking

Billet prices rise INR 800/t in Bhavnagar, INR 500/t in Mandi Demand outlook uncertain as rebar prices remain largely stable Alang’s ship-breaking melting scrap prices (HMS 80:20) increased by INR 500/t d-o-d to INR 36,800/t ($384/t) ex-yard on 26 September, supported by firmer billet prices in Gujarat and Mandi Gobindgarh. The rise in Alang came…