India: Melting scrap prices increase by INR 300/t d-o-d in Alang
Ship-breaking melting scrap prices in Gujarat’s Alang market increased by INR 300/t d-o-d on 11 Jun’26. According to BigMint’s assessment, HMS (80:20) prices stood at INR 35,000/t ($366/t) exy. There was a mild increase in semi-finished steel prices, which encouraged scrap buyers to replenish inventories, supporting the uptick in Alang scrap prices despite a slight correction in finished steel prices.
