Local market sources report that domestic
scrap prices in western
India (Alang) have increased by INR 650/mt ($10/mt) to INR 23,700/mt ($371/mt) ex-yard over the past week, while prices in northern
India (Mandi Govindgarh) have increased by INR 600/mt ($9/mt) over the same period to INR 27,100/mt ($424/mt) ex-yard.
$1 = INR 63.85