Tag: scrap supply tightening India

India: Melting scrap prices fall by INR 200/t d-o-d in Alang

May 17, 2025

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by

Kamal Gohil

in Melting Scrap, Ship Breaking

Ship-breaking melting scrap prices in Gujarat’s Alang market decreased by INR 200/t d-o-d on 17 May’25. According to BigMint’s assessment, HMS (80:20) prices stand at INR 33,500/t ($391/t) ex-yard. Need-based trade activity was observed in semi-finished and finished steel in the region during yesterday’s trading session. Additionally, average trade activity in scrap prompted suppliers to…