India: Raipur mill scale prices fall to three-month low

Domestic mill scale prices have decreased on declining iron ore and pellet prices this week amid limited buying, SteelMint learnt from sources. As per latest reports:

• The current assessment for mill scale (Fe 70/68%) in central India stands at INR 6,950/t exw-Raipur – down INR 950/t. Prices are at a three-month low.
• Current offers for domestic mill scale are at INR 7,000/t DAP Kandla, lower by INR 2,200/t, w-o-w.