India: Melting scrap prices rise by INR 200/t d-o-d in Alang
Ship-breaking melting scrap prices in Gujarat's Alang market rose by INR 200/t d-o-d on 23 Feb'26, as per BigMint's assessment. HMS (80:20) prices were assessed at INR 33,700/t ($372/t) exy. The regional market witnessed active trading, supported by an INR 100-200/t rise in semi-finished and finished steel prices in the previous trading session. Improved inquiries for scrap prompted suppliers to raise their offers today.