India: Mill scale prices remain firm in key markets

  • Raipur mill scale (Fe 68-70%) prices remained stable at INR 7,100/t exw today against 3 Feb. Deals of 650 t of mill scale were concluded at INR 7,100-7,400/t exw. Bid-offer disparities have declined trade volumes.
  • Meanwhile, Kandla prices remained stable at INR 8,000/t DAP. Deal of 3,000 t of mill scale concluded at INR 8,100/t DAP Kandla. Mill players were busy in completing their previous export tenders.