Local market sources report that domestic
scrap prices in western
India (Alang) have decreased by INR 500/mt ($8/mt) over the past week to INR 18,100/mt ($277/mt) ex-yard, while prices in northern
India (Mandi Govindgarh) have declined by INR 200/mt ($3/mt) over the same period to INR 20,100/mt ($308/mt) ex-yard.
$1 = INR 65.33