Tag: Steel prices India

India: Alang’s ship-breaking scrap prices remain firm despite cautious steel demand

Jul 20, 2026

—

by

Yashika Agrawal

in Ship Breaking

Higher steel prices support market sentiment Domestic scrap retains cost advantage over imports Ship-breaking melting scrap prices in Alang, Gujarat, remained stable d-o-d on 20 July, with HMS (80:20) assessed at INR 34,000/t ex-yard. The market continued to draw support from steady domestic scrap procurement, even as steel demand remained cautious. Higher steel prices supported…