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