Home
/
Market Insights
/
News
/
Article

India: Alang melting scrap prices hold steady amid subdued post-festival buying

Source: BigMint Sep 08, 2026 10:00

Share this with

Sellers hold prevailing offers despite limited buying activity. Mandi scrap, billet prices drop, Gujarat remains relatively firm

Ship-breaking melting scrap (HMS 80:20) prices in Alang, Gujarat, remained stable d-o-d at INR 36,500/t ($387/t) ex-yard on 5 September 2026. The market remained steady following the festival period, with sellers continuing to offer material at prevailing levels while buying activity remained very limited. Market participants are hoping for

To read the full article take a free 7-day trial to Mysteel Global