[SMM Steel] India Alang Ship-Breaking Scrap Rises on Rain-Hit Supply

Published: Jul 9, 2026 15:22

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[India] Alang HMS 80:20 ship-breaking scrap in Gujarat rose to USD 353/tonne EXW as persistent rainfall disrupted cutting activity and tightened processed scrap supply, while interstate buyers remained active due to relatively lower prices. However, weak finished steel demand kept mills buying only as needed. Bhavnagar billet and Ahmedabad rebar fell, while Mandi Gobindgarh scrap and billet edged higher, though trades remained thin and regional sentiment cautious.

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