Local market sources report that domestic
scrap prices in western
India (Alang) have decreased by INR 400/mt ($6/mt) over the past week to INR 16,000/mt ($236/mt) ex-yard, while prices in northern
India (Mandi Govindgarh) have increased by INR 200/mt ($3/mt) over the same period to INR 18,400/mt ($272/mt) ex-yard.
$1 = INR 67.74