India: Mill scale prices drop in key markets amid weak sentiment

  • Mill scale prices in Kandla dropped by INR 100/t to INR 7,000/t DAP Kandla on 15 June’24 against 12 June amid deal conclusion at lower levels and absence of export offers. 2,500 t deal of mill scale concluded at INR 6,800-7,200/t DAP Kandla.
  • Meanwhile, mill scale prices in Raipur inched down by INR 100/t to INR 7,000/t exw on 15 Jun’24 amid lower buying interest and bid-offer disparities.