Tag: secondary steel market

Scrap buyers remain cautious amid subdued steel trade  Semis, finished steel prices decline despite supply concerns Ship-breaking melting scrap prices in Alang remained stable d-o-d on 1 July 2026, with HMS (80:20) assessed at INR 34,200/t ex-yard, as market participants maintained a cautious approach amid limited buying activity and sufficient availability. While billet prices softened…