India: Mill scale prices edge up in Raipur in recent deals

  • Domestic mill scale prices stood at INR 5,500/t exw-Raipur today, inching up INR 50/t against 12 Oct’22. 3,200 t deals were reportedly concluded at INR 5,400-5,700/t exw.
  • Mill scale (Fe 68-70%) prices stand at INR 5,050/t DAP Kandla, stable against 12 Oct’22. No deals were heard.
  • Furthermore, Tata Steel, Angul, conducted a 500 t mill scale auction on 14 Oct. As per sources, the entire quantity was booked at INR 6,700/t exw.

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