Mill scale prices in central India fall marginally as buyers hold back

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Domestic mill scale prices are assessed at INR 8,050/t exw Raipur, a decrease of INR 100/t w-o-w. Deals of around 3,000-3,500 t were heard concluded at INR 8,000/t exw-Raipur.
A few of the key players are holding back purchases amidst high offers and the recent corrections in pellet prices.
The current assessment for mill scale (Fe 70/68%) stands at INR 9,250/t DAP Kandla, unchanged w-o-w.

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