India: Domestic mill scale prices decrease, buyers eye further drop

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The current assessment for mill scale (Fe 70/68%) stands at INR 7,900/t DAP Kandla, down INR 100/t w-o-w.
Domestic mill scale prices are assessed at INR 7,400/t exw-Raipur, a decrease of INR 100/t w-o-w. However, no deals were heard concluded this week.
However, prices are expected to fall further owing to the drop in pellet and iron ore fines prices.

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