India: Domestic mill scale prices increase following rise in pellet offers

  • Domestic mill scale prices are assessed at INR 3,650/t exw-Raipur, up INR 200/t w-o-w. The recovery in pellet offers led to the hike in mill scale offers.
  • The current assessment for mill scale (Fe 70/68%) stands at INR 5,600/t DAP Kandla, up INR 100/t w-o-w.
  • Leading domestic steel manufacturer Tata Steel in Angul sold 300 t of mill scale at INR 8,650/t exw recently.

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