India: Melting scrap prices remain firm d-o-d in Alang
Ship-breaking melting scrap prices in Alang, Gujarat, remained stable d-o-d on 12 May’26. According to BigMint’s assessment, HMS (80:20) prices were at INR 36,500/t ($382/t) ex-yard. Average trade activity was observed for semi-finished and finished steel during the previous trading session in the region. This, along with moderate trade activities for scrap, prompted suppliers to keep their offers stable today.
