Gold ₹14,922.60/g ▲ +0.00% Silver ₹226.02/g ▲ +0.00% Platinum ₹5,271.32/g ▲ +0.89% Palladium ₹3,624.95/g ▲ +0.70% Rhodium ₹25,404.53/g ▲ +0.22% Copper ₹1,272.59/kg ▲ +1.24% Aluminium ₹271.94/kg ▼ -0.20% Cobalt ₹3,436.35/kg ▲ +0.22% Gallium ₹22,783.48/kg ▲ +0.22% Indium ₹68,743.27/kg ▲ +0.22% Iron Ore ₹8.02/kg ▼ -0.59% Lead ₹162.46/kg ▼ -0.20% Lithium ₹1,607.94/kg ▲ +0.22% Molybdenum ₹8,124.80/kg ▲ +0.22% Nickel ₹1,359.59/kg ▼ -0.27% Neodymium ₹12,406.51/kg ▲ +0.22% Tin ₹4,771.16/kg ▲ +0.24% Tellurium ₹10,455.52/kg ▲ +0.22% Uranium ₹17,323.43/kg ▲ +0.25% Zinc ₹324.57/kg ▲ +0.18% Crude Oil (Brent) ₹9,873.16/bbl ▲ +2.04% Crude Oil (WTI) ₹8,788.78/bbl ▲ +1.27% Gasoline ₹319.01/gal ▲ +1.52% Natural Gas ₹292.65/MMBtu ▲ +1.41%

Industry

Ship Recycling

The industry that dismantles end-of-life ships to recover steel, machinery and equipment for reuse; Alang in Gujarat, India is the world's largest ship-recycling hub by tonnage processed.

Covered in 1 MetalsCost.com News Intelligence article, most recently on September 18, 2026.

Coverage

India Looks to Ship-Recycled Steel to Boost Domestic Manufacturing as Alang's Output Slides

A government review aimed at widening the approved uses of secondary steel would expand the addressable market for Alang's output, complementing Gujarat's separate plan to roughly double the yard's capacity.

Neutral · Sep 18, 2026