India: Melting scrap prices increase by INR 300/t d-o-d in Alang
Ship-breaking melting scrap prices in Gujarat's Alang increased by INR 300/t d-o-d on 27 Nov'25, as per BigMint's assessment. HMS (80:20) stood at INR 31,100/t ($348/t) exy. The regional market witnessed active trading, supported by an INR 200-400/t increase in semi-finished and finished steel prices. Additionally, decent buying inquiries for scrap prompted suppliers to raise their offers today.