Local scrap quotations in Indian market - week 28

Tuesday, 12 July 2016 10:04:02 (GMT+3)   |   Kolkata
       

Local market sources report that domestic scrap prices in western India (Alang) have increased by INR 400/mt ($5/mt) over the past week to INR 15,600/mt ($232/mt) ex-yard, while prices in northern India (Mandi Govindgarh) have declined by INR 200/mt ($3/mt) over the same period to INR 17,400/mt ($259/mt) ex-yard.
 
Meanwhile, ex-Europe HMS I/II 80:20 scrap prices in India have fallen by $5/mt week on week to $210/mt CFR.
 
$1 = INR 67.14

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