Local market sources report that domestic
scrap prices in western
India (Alang) have decreased by INR 600/mt ($9/mt) over the past week to INR 16,900/mt ($255/mt) ex-yard, while prices in northern
India (Mandi Govindgarh) have fallen by INR 300/mt ($5/mt) over the same period to INR 19,500/mt ($294/mt) ex-yard.
$1 = INR 66.32