India: Mill scale prices fall in key markets

  • Raipur mill scale (Fe 68-70%) prices fell by INR 200/t to INR 7,100/t exw today against 24 Jan. Deals of 1,400 t mill scale got booked in the last few days.
  • Kandla prices dropped by INR 50/t to INR 7,950/t DAP. Deals of 500 t mill scale concluded at INR 7,900/t DAP Kandla.
  • Some of the mills are currently not offering owing to disparity in bids-offers.