Local market sources report that domestic scrap prices in western India (Alang) have increased by INR 100/mt ($2/mt) to INR 24,000/mt ($392/mt) ex-yard over the past week, while prices in northern India (Mandi Govindgarh) have also increased by INR 100/mt ($2/mt) to INR 26,100/mt ($426/mt) ex-yard in the same period.
$1 = INR 61.24