Tag: steel spreads

Easing rainfall boosts steel prices in Gujarat by INR 100-200/t Supply tightness lifts scrap prices in Mandi despite muted demand Ship-breaking melting scrap (HMS 80:20) prices in Alang, Gujarat, increased by INR 500/t ($5/t) d-o-d to INR 33,800/t ($354/t) ex-yard on 14 August 2026, supported by firmer semi-finished and finished steel prices. Tight scrap availability…