India: Mill scale prices fall in key markets as buyers hold back purchases

  • Mill scale prices in Kandla fell by INR 200/t to INR 7,000/t DAP on 6 Mar’24 as against 2 Mar. Deals of 500 t were heard at around INR 6,900/t DAP. Pending deliveries of old orders have limited new trade activities.
  • Prices in Raipur for Fe68-70% material dropped INR 100/t to INR 6,650/t exw today. Bid-offer disparity weighed on trade activities.