India: Mill scale prices decrease by INR 600/t, w-o-w, in Raipur, Chhattisgarh

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Domestic mill scale prices are assessed at INR 3,000/t exw-Raipur, down INR 600/t w-o-w compared to INR 3,600/t on 4 Jun’22. Limited deals were reported during the current publishing window.
Key pellet players are still out of the market expecting further price correction.
The current assessment for mill scale (Fe 70/68%) stands at INR 4,250/t DAP Kandla, down INR 250/t w-o-w. However, no deals were heard concluded recently.

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