Tag: Tags (Comma Separated): India scrap market

Stable billet, rebar prices keep melting scrap prices stagnant Weak finished steel demand continues to weigh on scrap trade Ship-breaking melting scrap prices in Alang remained unchanged d-o-d on 29 June 2026, with HMS (80:20) assessed at INR 34,000/t ex-yard. Although reduced arrivals at ports and ship-breaking yards continued to tighten scrap availability, muted procurement…