India: Mill scale prices remain stable on week as buyers hold back

  • Domestic mill scale prices are assessed at INR 8,050/t exw Raipur, stable, w-o-w. However, no active deals were heard concluded.
  • A few of the key players are holding back purchases amid the recent correction in pellet prices. Prices have fallen by INR 500/t.
  • 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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