India: Melting scrap prices decrease by INR 500/t d-o-d in Alang
Ship-breaking melting scrap prices in Gujarat's Alang market decreased by INR 500/t d-o-d on 15 Apr'26. HMS (80:20) prices stood at INR 37,300/t ($400/t) ex-yard. Semi-finished and finished steel prices in the region declined by INR 200-500/t in yesterday's trading session due to slow finished steel demand. Meanwhile, average trade activity in scrap prompted suppliers to reduce their offers today.