Local market sources report that domestic
scrap prices in western
India (Alang) have decreased by INR 700/mt ($11/mt) to INR 20,600/mt ($323/mt) ex-yard over the past week, while prices in northern
India (Mandi Govindgarh) have declined by INR 200/mt ($3/mt) over the same period to INR 23,700/mt ($371/mt) ex-yard.
$1 = INR 63.82