Local scrap quotations in Indian market - week 1

Wednesday, 02 January 2019 10:47:29 (GMT+3)   |   Kolkata
       

Local market sources report that domestic scrap prices in western India (Alang) have remained unchanged over the past week at INR 27,200/mt ($391/mt) ex-yard, while prices in northern India (Mandi Govindgarh) have moved down by INR 500/mt over the same period to INR 29,300/mt ($421/mt) ex-yard.

Meanwhile, ex-Europe HMS I/II 80:20 scrap prices for India have moved sideways week on week at $330/mt CFR.

$1 = INR 69.61


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