India: Mill scale prices remain stable in key markets

Mill scale prices in India remained steady in key markets.

• Prices in Kandla were stable at INR 7,000/t DAP today against 21 Dec. Trades of 8,600 t were recorded at INR 6,900-7,100/t DAP.
• Prices in Raipur stood stable at INR 7,100/t exw today against 21 Dec. Around 1,200-1,300 t mill scale deal concluded. However, bid-offer disparities prevailing and some major market participants are out of market.