India: Mill scale prices inch down in Raipur, stable in Kandla

  • Raipur mill scale (Fe 68-70%) prices inched down by INR 100/t to INR 7,100/t exw today against 31 Jan. Deals of 3,620 t of mill scale were concluded at INR 6,800-7,400/t exw.
  • Bid-offer disparities have pressurised mill scale prices.
  • Kandla prices remained stable at INR 8,000/t DAP. Deal of 2,000 t of mill scale concluded at INR 8,000/t DAP Kandla. Export tenders are scheduled in near future.