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 ($364/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 25,400/mt ($414/mt) ex-yard.
$1 = INR 61.31