SteelMint

Tag: scrap trading

  • India: Melting scrap prices declined by INR 300/t d-o-d in Alang

    India: Melting scrap prices declined by INR 300/t d-o-d in Alang

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    by

    Yashika Agrawal
    in

    Ship-breaking melting scrap prices in Gujarat’s Alang market declined by INR 300/t to INR 35,300/t ($369/t) ex-yard on 9 Jun’26. The correction followed a mild decline in semi-finished and finished steel prices observed in the previous trading session. Additionally, subdued buying interest from steelmakers and cautious sentiment among market participants exerted pressure on scrap prices,…