India: Melting scrap prices inch up by INR 200/t d-o-d in Alang
Ship-breaking melting scrap prices in Gujarat's Alang market inched up by INR 200/t d-o-d on 13 Nov'25, as per BigMint's assessment. HMS (80:20) stood at INR 30,500/t ($344/t) exy. Moderate demand for semi-finished and finished steel was observed in the region during yesterday's trading session. This, along with decent buying inquiries for scrap from Bhavnagar-based mills, prompted suppliers to raise their offers today.