India: Melting scrap prices fall by INR 100/t d-o-d in Alang
Ship-breaking melting scrap prices in Gujarat's Alang market decreased by INR 100/t d-o-d on 20 Nov'25. According to BigMint's assessment, HMS (80:20) stood at INR 30,800/t ($347/t) ex-yard. Need-based trade activity was observed in semi-finished and finished steel in the region during yesterday's trading session. Additionally, average trade activity in scrap prompted suppliers to reduce their offers today.