India: Mill scale prices inch up in key markets

  • Mill scale (Fe68-70%) prices in Raipur inched up by INR 100/t to INR 6,450/t exw on 6 Apr’24 as against 3 Apr. Deals of 2,640 t were recorded at INR 6,450-6,600/t.
  • Hike in pellet prices provided support to prices.
  • In Kandla, prices rose by INR 50/t at INR 6,550/t DAP today. Around 5,000 t of deals were heard at INR 6,300-6,600/t DAP.