India: Melting scrap prices remain stable d-o-d in Alang
Ship-breaking melting scrap prices in Alang, Gujarat, remained stable d-o-d on 5 Mar’26. According to BigMint’s assessment, HMS (80:20) prices were at INR 33,800/t ($369/t) ex-yard. Market activity remained limited as the steel market in the region was closed in the previous trading session due to Holi celebrations. With moderate scrap trade observed today, suppliers largely maintained stable offers.
