Local market sources report that domestic
scrap prices in western
India (Alang) have decreased by INR 400/mt ($6/mt) to INR 19,900/mt ($313/mt) ex-yard over the past week, while prices in northern
India (Mandi Govindgarh) have decreased by INR 800/mt ($13/mt) over the same period to INR 23,000/mt ($362/mt) ex-yard.
$1 = INR 63.57