Intel Details

India: Melting scrap prices corrected by INR 100/t d-o-d in Alang

Ship Breaking
3 Jun 2026, 11:17 IST
Steel Mint Intel

Ship-breaking melting scrap prices in Gujarat's Alang market declined by INR 100/t d-o-d to INR 35,200/t ($368/t) ex-yard on 3 Jun'26, according to BigMint's assessment. The correction was driven by a mild downturn in semi-finished and finished steel prices in the previous trading session, while average trading activity in the scrap market prompted suppliers to keep their offers in the same range.

3 Jun 2026, 11:17 IST
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