India: Domestic mill scale prices rise by INR 300-400/t

Domestic mill scale prices have increased this week by up to INR 300-400/t w-o-w, as per latest reports. SteelMint’s assessment for mill scale (Fe 70/68%) stands at INR 7,900-8,000/t, exw Raipur, and INR 7,000-7,200/t, DAP Kandla. Trade sources have confirmed that a central India-based private mill has concluded mill scale deals at around INR 7,950/t, exw Raipur, recently.