Local market sources report that domestic
scrap prices in western
India (Alang) have decreased by INR 200/mt ($3/mt) over the past week to INR 16,500/mt ($249/mt) ex-yard, while prices in northern
India (Mandi Govindgarh) have increased by INR 500/mt ($7.5/mt) over the same period to INR 19,200/mt ($289/mt) ex-yard.
$1 = INR 66.33