Local market sources report that domestic
scrap prices in western
India (Alang) have increased by INR 100/mt ($1.5/mt) to INR 21,600/mt ($336/mt) ex-yard over the past week, while prices in northern
India (Mandi Govindgarh) have increased by INR 200/mt ($3/mt) over the same period to INR 24,200/mt ($377/mt) ex-yard.
$1 = INR 64.23