Local scrap quotations in Indian market - week 1

Tuesday, 03 January 2017 13:44:56 (GMT+3)   |   Kolkata
       

Local market sources report that domestic scrap prices in western India (Alang) have decreased by INR 300/mt over the past week to INR 19,000/mt ($279/mt) ex-yard, while prices in northern India (Mandi Govindgarh) have moved down by INR 700/mt over the same period to INR 19,200/mt ($282/mt) ex-yard.
 
Meanwhile, ex-Europe HMS I/II 80:20 scrap prices for India have remained unchanged week on week at $280/mt CFR.
 
$1 = INR 68.08
 

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