India: Mill scale prices down in Gujarat in absence of firm bids

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Mill scale (Fe 68-70%) prices stand at INR 4,750/t DAP Kandla, Gujarat, down INR 100/t from INR 4,850/t on 5 Nov’22. However, no deals were heard concluded. Lower bids are likely to drag down prices in the near term.
Domestic mill scale prices stood at INR 5,550/t exw-Raipur today, inched down INR 50/t from INR 5,600/t as against 5 Nov. No active deals were reported recently.

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