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 13 Apr'26, as per BigMint's assessment. HMS (80:20) prices were assessed at INR 37,600/t ($403/t) exy. During the last trading session, semi-finished and finished steel demand remained moderately strong in the region. Furthermore, active buying inquiries for scrap from induction furnace mills in Bhavnagar, Gujarat, led scrap suppliers to increase their offers today.