Local market sources report that domestic
scrap prices in western
India (Alang) have decreased by INR 500/mt ($8/mt) to INR 22,300/mt ($361/mt) ex-yard over the past week, while prices in northern
India (Mandi Govindgarh) have declined by INR 100/mt ($1.6/mt) over the same period to INR 25,900/mt ($418/mt) ex-yard.
$1 = INR 62.02