[SMM Steel] India Alang Ship-Breaking Scrap Holds Stable on Tight Supply

Published: Jul 13, 2026 16:32

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[India] HMS 80:20 ship-breaking scrap in Alang, Gujarat, held at USD 355/tonne EXW. Persistent monsoon rainfall slowed ship-cutting activity and restricted processed scrap supply, offsetting weak demand from secondary mills. Procurement remained need-based, while sluggish finished steel sales capped upward momentum. Prices are expected to remain stable in the near term."

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