Local market sources report that domestic
scrap prices in western
India (Alang) have increased by INR 100/mt ($1.5/mt) over the past week to INR 16,600/mt ($251/mt) ex-yard, while prices in northern
India (Mandi Govindgarh) have decreased by INR 300/mt ($4.5/mt) over the same period to INR 17,700/mt ($268/mt) ex-yard.
$1 = INR 66.03