India: Domestic mill scale prices stable, marginal drop likely

  • Domestic mill scale prices stood at INR 5,500/t exw-Raipur, largely stable against 10 Sep’22. However, no deals were concluded in this publishing window. Lower bids are likely to pull down prices in the near term.
  • Mill scale (Fe 68-70%) prices stood at INR 5,750/t DAP Kandla, stable against 10 Sep’22. No deals were reported. Some offers were heard on the higher side at INR 6,000/t DAP.

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