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 29 Apr'26. According to BigMint's assessment, HMS (80:20) prices stood at INR 36,800/t ($388/t) exy. Semi-finished and finished steel prices fell by around INR 100-200/t in the region during yesterday's trading session due to limited demand. Additionally, average trade activities in scrap prompted suppliers to reduce their offers today.