India: Melting scrap prices decrease by INR 200/t d-o-d in Alang
Ship-breaking melting scrap prices in Gujarat's Alang market fell by INR 200/t d-o-d on 6 Dec'25, according to BigMint's assessment. HMS (80:20) prices stood at INR 31,300/t ($348/t) exy. Semi-finished steel prices fell by INR 100-200/t in the region due to the moderate trade activities. Meanwhile, average demand for scrap by Bhavnagar-based IF mills prompted suppliers to reduce their offers today.