Local scrap quotations in Indian market - week 30

Wednesday, 24 July 2019 10:01:46 (GMT+3)   |   Kolkata

Local market sources report that domestic scrap prices in western India (Alang) have moved down by INR 700/mt week on week to INR 24,000/mt ($348/mt) ex-yard, while prices in northern India (Mandi Govindgarh) have decreased by INR 1,000/mt over the same period to INR 25,000/mt ($362/mt) ex-yard.

Meanwhile, ex-Europe HMS I/II 80:20 scrap prices for India have decreased by $7/mt week on week to $310/mt CFR.

$1 = INR 69.01

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