India: Mill scale prices decrease by INR 250/t w-o-w in Kandla

  • The current assessment for mill scale (Fe 70/68%) stands at INR 8,000/t DAP Kandla, down INR 250/t w-o-w. However, no deals were heard to be concluded recently.
  • Domestic mill scale prices are assessed at INR 7,500/t exw-Raipur, stable w-o-w. Deals of around 1,200-1,300 t were concluded at INR 7,500/t exw-Raipur. However, major buyers continued to bid lower on falling pellet prices.

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