India: Melting scrap prices remain stable d-o-d in Alang
Ship-breaking melting scrap prices in Gujarat’s Alang market remained stable d-o-d on 13 Jun’26. According to BigMint’s assessment, HMS (80:20) prices were assessed at INR 35,000/t ($368/t) ex-yard. While semi-finished steel prices remained unchanged, the finished steel segment witnessed a mild correction in the previous trading session. Despite the slight weakness in finished steel prices, balanced demand-supply dynamics helped Alang scrap prices maintain their current levels.
Courtesy: BigMint
