Local market sources report that domestic
scrap prices in western
India (Alang) have increased by INR 400/mt ($6/mt) over the past week to INR 17,200/mt ($258/mt) ex-yard, while prices in northern
India (Mandi Govindgarh) have declined by INR 100/mt ($2/mt) over the same period to INR 19,100/mt ($286/mt) ex-yard.
$1 = INR 66.72