Local market sources report that domestic
scrap prices in western
India (Alang) have decreased by INR 1,600/mt ($26/mt) to INR 22,400/mt ($363/mt) ex-yard over the past week, while prices in northern
India (Mandi Govindgarh) have declined by INR 2,000/mt ($32/mt) over the same period to INR 24,300/mt ($393/mt) ex-yard.
$1 = INR 61.77