Tag: secondary steel industry

India: Alang ship-breaking scrap prices rise INR 800/t w-o-w despite mixed regional steel market trends

Oct 24, 2026

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by

Yashika Agrawal

in Ship Breaking

Tighter scrap availability supports supplier offers amid cautious buying Weak finished steel demand, liquidity constraints weigh on Mandi scrap prices Alang’s ship-breaking melting scrap prices (HMS 80:20) remained stable day-on-day (d-o-d) at INR 38,000/tonne (t) ($400/t) ex-yard on 24 October 2026, but increased by INR 800/t week-on-week (w-o-w). The weekly gain reflects tighter scrap availability…