Local market sources report that domestic
scrap prices in western
India (Alang) have decreased by INR 900/mt ($13/mt) over the past week to INR 16,000/mt ($240/mt) ex-yard, while prices in northern
India (Mandi Govindgarh) have declined by INR 1,400/mt ($21/mt) over the same period to INR 16,200/mt ($243/mt) ex-yard.
$1 = INR 66.60