Local market sources report that domestic scrap prices in western India (Alang) have decreased by INR 200/mt ($3/mt) to INR 21,000/mt ($331/mt) ex-yard over the past week, while prices in northern India (Mandi Govindgarh) have also decreased by INR 200/mt ($3/mt) over the same period to INR 24,100/mt ($380/mt) ex-yard.
$1 = INR 63.37