Local market sources report that domestic
scrap prices in western
India (Alang) have increased by INR 500/mt ($8/mt) to INR 21,500/mt ($338/mt) ex-yard over the past week, while prices in northern
India (Mandi Govindgarh) have decreased by INR 100/mt ($1.5/mt) over the same period to INR 24,000/mt ($378/mt) ex-yard.
$1 = INR 63.57