India: Melting scrap prices increase by INR 400/t d-o-d in Alang
Ship-breaking melting scrap prices in Gujarat's Alang increased by INR 400/t d-o-d on 25 Apr'26, as per BigMint's assessment. HMS (80:20) prices were assessed at INR 37,200/t ($395/t) exy. Although trade activity for semi-finished and finished steel was limited in the region during yesterday's session, increased scrap procurement by Bhavnagar-based mills led scrap suppliers to raise their offers today.