India: Mill scale prices increase by INR 150/t w-o-w in Raipur

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Domestic mill scale prices are assessed at INR 8,150/t exw-Raipur, an increase of INR 150/t w-o-w. Deals of around 1,700-1,800 t were heard concluded at INR 8,100-8,200/t exw-Raipur.
Few offers were also heard at INR 8,700-9,000/t exw-Raipur but deals are not happening at these price-levels.
The current assessment for mill scale (Fe 70/68%) stands at INR 9,900/t DAP Kandla, down INR 100/t w-o-w. However, no deals were heard concluded recently.

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