India: Melting scrap prices rise by INR 200/t d-o-d in Alang
Ship-breaking melting scrap prices in Gujarat’s Alang market rose by INR 200/t d-o-d on 16 Feb’26, as per BigMint’s assessment. HMS (80:20) prices were assessed at INR 33,500/t ($369/t) exy. The regional market witnessed active trading, supported by a INR 200-300/t rise in semi-finished steel prices. Additionally, improved buying inquiries for scrap prompted suppliers to raise their offers today.
