India: Mill scale prices increase in Kandla, Gujarat

  • Mill scale (Fe 68-70%) prices are assessed at INR 5,900/t DAP Kandla, up INR 650/t against INR 5,250/t DAP on 28 July. A 6,000-t deal was reportedly concluded at INR 5,900-6,000/t DAP recently.
  • The recent export deal and hike in pellets prices pushed up mill scale prices.
  • Domestic prices stand at INR 4,650/t exw-Raipur, stable since 28 July. However, no deals were reported in the current publishing window.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *