Local market sources report that domestic
scrap prices in western
India (Alang) have declined by INR 200/mt ($3/mt) over the past week to INR 16,800/mt ($254/mt) ex-yard, while prices in northern
India (Mandi Govindgarh) have remained unchanged over the same period at INR 19,200/mt ($290/mt) ex-yard.
$1 = INR 66.24