Local scrap quotations in Indian market - week 20

Wednesday, 15 May 2019 10:16:40 (GMT+3)   |   Kolkata

Local market sources report that domestic scrap prices in western India (Alang) have moved down by INR 200/mt over the past week to INR 26,200/mt ($373/mt) ex-yard, while prices in northern India (Mandi Govindgarh) have remained stable over the same period at INR 28,200/mt ($402/mt) ex-yard.

Meanwhile, ex-Europe HMS I/II 80:20 scrap prices for India have decreased by $5/mt week on week to $330/mt CFR.

$1 = INR 70.20

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