{"id":70850,"date":"2026-07-06T16:52:09","date_gmt":"2026-07-06T10:52:09","guid":{"rendered":"https:\/\/biztrend24.com\/?p=70850"},"modified":"2026-07-06T16:52:09","modified_gmt":"2026-07-06T10:52:09","slug":"india-alangs-ship-breaking-scrap-prices-decline-on-weak-demand","status":"publish","type":"post","link":"https:\/\/biztrend24.com\/?p=70850&lang=en","title":{"rendered":"India: Alang&#8217;s ship-breaking scrap prices decline on weak demand"},"content":{"rendered":"<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li>Slow billet, finished steel sales discourage scrap inventory building<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li>Scrap supply remains tight but fails to lift prices<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p>Ship-breaking melting scrap prices in Alang declined by INR 300\/tonne (t) d-o-d to INR 33,000\/t ex-yard on 6 July as weak downstream steel demand continued to pressure the market. Mills restricted purchases to immediate production requirements amid comfortable scrap availability, while sluggish billet and finished steel sales discouraged inventory building.<\/p>\n<p>Gujarat market update:<\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-766629\" src=\"https:\/\/i0.wp.com\/wp-insights-sm.s3.ap-south-1.amazonaws.com\/wp-content\/uploads\/2026\/07\/Heat-sheet-6-July.png?resize=640%2C136&#038;ssl=1\" alt=\"\" width=\"640\" height=\"136\" \/><\/p>\n<p>In Gujarat, Bhavnagar billet prices fell by INR 100\/t d-o-d to INR 40,700\/t DAP, while rebar prices also eased by INR 100\/t to INR 46,000\/t ex-works, reflecting slow buying. Lower finished steel demand continued to cap scrap procurement, with mills adopting a hand-to-mouth purchasing strategy.<\/p>\n<p>Mandi market update:<\/p>\n<p>Mandi Gobindgarh billet prices declined by INR 150\/t to INR 42,550\/t DAP, while HMS melting scrap prices dropped by INR 200\/t to INR 34,600\/t DAP. Rebar prices also corrected by INR 100\/t to INR 47,400\/t ex-works. Domestic scrap availability remained comfortable, supported by steady inflows from neighbouring states despite minor logistical disruptions.<\/p>\n<p>Imported scrap buying stayed limited because of high landed costs, prompting mills to rely on domestic scrap. Meanwhile, sponge iron consumption increased, supported by supplies from Durgapur and Ramgarh, as mills continued to substitute the lower-cost raw material for imported scrap.<\/p>\n<p>ONGC offers offshore drilling rig for demolition:<\/p>\n<p>In the ship recycling segment, ONGC has offered the offshore drilling rig Sagar Vijay for auction under its asset rationalisation programme. The rig, located at Dighi Port, Maharashtra, is expected to attract interest from Alang recyclers.<\/p>\n<p>Outlook:<\/p>\n<p>Alang ship-breaking scrap prices are likely to remain under pressure in the near term as weak steel demand continues to limit procurement. Market participants expect mills to maintain need-based buying, Although scrap supply was limited, mills restricted purchases to immediate production requirements amid sluggish billet and finished steel sales, which discouraged inventory building.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Slow billet, finished steel sales discourage scrap inventory building Scrap supply remains tight but fails&#8230;<\/p>\n","protected":false},"author":1,"featured_media":70851,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[313],"tags":[],"class_list":["post-70850","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-iron-steel"],"jetpack_publicize_connections":[],"featured_image_urls":{"full":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-90-2.jpg?fit=1280%2C720&ssl=1?v=1783335121",1280,720,false],"thumbnail":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-90-2.jpg?resize=150%2C150&ssl=1?v=1783335121",150,150,true],"medium":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-90-2.jpg?fit=300%2C169&ssl=1?v=1783335121",300,169,true],"medium_large":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-90-2.jpg?fit=640%2C360&ssl=1?v=1783335121",640,360,true],"large":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-90-2.jpg?fit=640%2C360&ssl=1?v=1783335121",640,360,true],"1536x1536":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-90-2.jpg?fit=1280%2C720&ssl=1?v=1783335121",1280,720,true],"2048x2048":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-90-2.jpg?fit=1280%2C720&ssl=1?v=1783335121",1280,720,true],"covernews-slider-full":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-90-2.jpg?resize=1115%2C715&ssl=1?v=1783335121",1115,715,true],"covernews-slider-center":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-90-2.jpg?resize=800%2C500&ssl=1?v=1783335121",800,500,true],"covernews-featured":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-90-2.jpg?fit=1024%2C576&ssl=1?v=1783335121",1024,576,true],"covernews-medium":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-90-2.jpg?resize=540%2C340&ssl=1?v=1783335121",540,340,true],"covernews-medium-square":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-90-2.jpg?resize=400%2C250&ssl=1?v=1783335121",400,250,true]},"author_info":{"display_name":"Biz Trend 24","author_link":"https:\/\/biztrend24.com\/author\/online24"},"category_info":"<a href=\"https:\/\/biztrend24.com\/?cat=313&#038;lang=en\" rel=\"category\">Iron &amp; Steel<\/a>","tag_info":"Iron &amp; Steel","comment_count":0,"jetpack_featured_media_url":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-90-2.jpg?fit=1280%2C720&ssl=1?v=1783335121","jetpack-related-posts":[{"id":70211,"url":"https:\/\/biztrend24.com\/?p=70211&lang=en","url_meta":{"origin":70850,"position":0},"title":"India: Alang melting scrap prices stable following improved trading amid news of Punjab power cuts","author":"Biz Trend 24","date":"July 1, 2026","format":false,"excerpt":"Scrap buyers remain cautious amid subdued steel trade Semis, finished steel prices decline despite supply concerns Ship-breaking melting scrap prices in Alang remained stable d-o-d on 1 July 2026, with HMS (80:20) assessed at INR 34,200\/t ex-yard, as market participants maintained a cautious approach amid limited buying activity and sufficient\u2026","rel":"","context":"In &quot;Iron &amp; Steel&quot;","block_context":{"text":"Iron &amp; Steel","link":"https:\/\/biztrend24.com\/?cat=313&lang=en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-71.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-71.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-71.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-71.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-71.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":70042,"url":"https:\/\/biztrend24.com\/?p=70042&lang=en","url_meta":{"origin":70850,"position":1},"title":"India: Alang&#8217;s ship-breaking scrap prices rise amid reports of power curbs","author":"Biz Trend 24","date":"June 30, 2026","format":false,"excerpt":"Punjab mills informed of possible power cuts once or twice a week Semis, finished steel prices inch up, supporting scrap prices Ship-breaking melting scrap prices in Alang strengthened on 30 June 2026, with HMS (80:20) assessed at INR 34,200\/t ex-yard, up INR 200\/t d-o-d. 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The Mandi market showed muted, need-based buying for scrap and finished steel as most buyers adopted a\u2026","rel":"","context":"In &quot;Iron &amp; Steel&quot;","block_context":{"text":"Iron &amp; Steel","link":"https:\/\/biztrend24.com\/?cat=313&lang=en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-93.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-93.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-93.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-93.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-93.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":63086,"url":"https:\/\/biztrend24.com\/?p=63086&lang=en","url_meta":{"origin":70850,"position":4},"title":"India: Melting scrap prices decrease by INR 300\/t d-o-d in Alang","author":"Biz Trend 24","date":"April 9, 2026","format":false,"excerpt":"Ship-breaking melting scrap prices in Gujarat's Alang market decreased by INR 300\/t d-o-d on 9 Apr'26. According to BigMint's assessment, HMS (80:20) prices are at INR 37,500\/t ($405\/t) ex-yard. Semi-finished and finished steel prices in the region declined by INR 1,000-1,200\/t in yesterday's trading session due to slow finished steel\u2026","rel":"","context":"In &quot;Iron &amp; Steel&quot;","block_context":{"text":"Iron &amp; Steel","link":"https:\/\/biztrend24.com\/?cat=313&lang=en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/04\/Untitled-design-8-4.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/04\/Untitled-design-8-4.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/04\/Untitled-design-8-4.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/04\/Untitled-design-8-4.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/04\/Untitled-design-8-4.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":52203,"url":"https:\/\/biztrend24.com\/?p=52203&lang=en","url_meta":{"origin":70850,"position":5},"title":"India: Melting scrap prices increase by INR 600\/t d-o-d in Alang","author":"Biz Trend 24","date":"December 29, 2025","format":false,"excerpt":"Ship-breaking melting scrap prices in Gujarat's Alang rose by INR 600\/t d-o-d on 29 Dec'25. HMS (80:20) prices were assessed at INR 32,100\/t ($357\/t) exy. In the regional market, billet and rebar prices rose sharply by INR 2,000-3,000\/t m-o-m, while scrap offers remained largely stable until last week. Ship-breaking scrap\u2026","rel":"","context":"In &quot;Iron &amp; Steel&quot;","block_context":{"text":"Iron &amp; Steel","link":"https:\/\/biztrend24.com\/?cat=313&lang=en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/12\/Untitled-design-2025-12-29T152505.163.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/12\/Untitled-design-2025-12-29T152505.163.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/12\/Untitled-design-2025-12-29T152505.163.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/12\/Untitled-design-2025-12-29T152505.163.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/12\/Untitled-design-2025-12-29T152505.163.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/posts\/70850","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=70850"}],"version-history":[{"count":1,"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/posts\/70850\/revisions"}],"predecessor-version":[{"id":70852,"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/posts\/70850\/revisions\/70852"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/media\/70851"}],"wp:attachment":[{"href":"https:\/\/biztrend24.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=70850"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=70850"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=70850"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}