Local market sources report that domestic
scrap prices in western
India (Alang) have decreased by INR 200/mt ($3/mt) to INR 21,200/mt ($337/mt) ex-yard over the past week, while prices in northern
India (Mandi Govindgarh) have also decreased by INR 300/mt ($5/mt) over the same period to INR 24,300/mt ($386/mt) ex-yard.
$1 = INR 62.92