India: Melting scrap prices decrease by INR 500/t d-o-d in Alang
Ship-breaking melting scrap prices in Gujarat's Alang market fell by INR 500/t d-o-d on 13 May'26. According to BigMint's assessment, HMS (80:20) prices were at INR 36,000/t ($376/t) exy. Semi-finished and finished steel prices fell by around INR 300-500/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.