India: Mill scale prices remain supported in key markets

  • Mill scale prices in Kandla remained unchanged at INR 7,200/t DAP on 1 May’24 against 27 Apr. Deals of 6,500 t were booked at around INR 7,000-7,400/t DAP. BigMint notes, some exporters are preparing for mill scale export deals scheduled in the coming weeks.
  • Prices in Raipur stay supported at INR 6,750/t exw today. However, limited trade activities recorded due to bid-offer disparities.