Tag: steel prices August 2026

India: Ship-breaking scrap prices gain INR 300/t d-o-d amid scrap shortage

Aug 22, 2026

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by

Yashika Agrawal

in Ship Breaking

Gujarat steel prices gain on active buying, tighter scrap availability Mandi sees stronger billet, rebar prices despite slight drop in scrap Ship-breaking melting scrap (HMS 80:20) prices in Alang, Gujarat, increased by INR 300/tonne (t) d-o-d to INR 35,000/t ($366/t) ex-yard on 22 August, supported by tighter material availability and firm demand from secondary mills.…