Local market sources report that domestic scrap prices in western India (Alang) have increased by INR 400/mt ($6/mt) over the past week to INR 16,500/mt ($249/mt) ex-yard, while prices in northern India (Mandi Govindgarh) have risen by INR 300/mt ($5/mt) over the same period to INR 18,000/mt ($272/mt) ex-yard.
$1 = INR 66.39