India: Melting scrap prices increase by INR 300/t d-o-d in Alang
Ship-breaking melting scrap prices in Gujarat’s Alang increased by INR 300/t d-o-d on 23 Dec’25, as per BigMint’s assessment. HMS (80:20) prices were assessed at INR 31,300/t ($349/t) exy. Semi-finished and finished steel prices increased by INR 500-700/t in the region during yesterday’s trading session. Moreover, improved scrap buying inquiries after a three-day market closure led suppliers to revise their offers upward today.
