Local market sources report that domestic
scrap prices in western
India (Alang) have increased by INR 150/mt ($2.4/mt) to INR 23,500/mt ($379/mt) ex-yard over the past week, while prices in northern
India (Mandi Govindgarh) have increased by INR 100/mt ($1.6/mt) over the same period to INR 26,500/mt ($427/mt) ex-yard.
$1 = INR 62.06