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 14 Mar'26, with HMS (80:20) assessed at INR 34,500/t ($373/t) ex-yard. Moderate trading activity in the regional steel market, coupled with steady semi-finished and finished steel prices, supported scrap prices, while decent buying interest encouraged suppliers to revise offers upward today.