India: Melting scrap prices remain firm d-o-d in Alang
Ship-breaking melting scrap prices in Alang, Gujarat, remained stable d-o-d on 5 May'26. According to BigMint's assessment, HMS (80:20) prices were at INR 37,200/t ($390/t) ex-yard. Prices of semi-finished and finished steel remained stable in yesterday's trading session in the region. Along with moderate trade activities for scrap, this prompted suppliers to keep their offers stable today.