[SMM Steel] India’s Alang Ship-Breaking Scrap Prices Hold Steady as Supply Constraints Support Market

Published: Jul 14, 2026 16:08

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[India] India’s Alang ship-breaking scrap market remained stable, with HMS (80:20) scrap prices holding around 350 USD/t EXW. Persistent rainfall disrupted ship-breaking activities and limited scrap supply, providing support to market prices. However, downstream steel demand remained weak, keeping mill purchasing cautious, with transactions mainly focused on immediate restocking needs.

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