Domestic mill scale prices have increased this week by up to INR 200-300/t w-o-w, as per latest reports. SteelMint’s assessment for mill scale (Fe 70/68%) stands at INR 7,600-7,700/t, exw Raipur, and INR 6,600-6,800/t, DAP Kandla. Confirmed trade were reported by Raipur-based players at increased offers. Hike in iron ore prices have lifted mill scale offers, SteelMint notes.
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