India: Mill scale prices remain stable in major markets

  • Mill scale prices in Raipur remained stable at INR 7,300/t exw today against 2 Nov. Deals of 700 t were recorded at higher levels. Some sellers lifted offers, but these will likely fall soon, owing to a drop in pellet prices.
  • Prices in Kandla were steady at INR 7,000/t DAP today against 2 Nov. No deals were recorded amid weak demand and lack of export tenders.

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