India: Mill scale prices increase by INR 550/t in Kandla

  • Mill scale (Fe 68-70%) prices stand at INR 6,000/t DAP Kandla, moved up by INR 550/t from INR 5,450/t on 14 Dec’22. Around 3,100 t of deals were concluded at INR 6,000/t DAP Kandla, recently. Prices rose due to an increase in demand and improved market sentiments.
  • Domestic mill scale prices stood at INR 5,900/t exw-Raipur today, largely stable as against 14 Dec. However, no deals were reported.

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