India: Mill scale prices remain largely stable in key routes

  • Mill scale prices in Kandla remained stable at INR 7,000/t DAP on 24 Apr against 20 Apr. Deals of 4,000 t got booked at around INR 7,000-7,100/t DAP.
  • Prices in Raipur remained largely stable at INR 6,650/t exw. Deals of 1,200 t mill scale concluded at INR 6,800-6,900/t exw Raipur.
  • Increase in pellet prices and deals concluding at same range have supported mill scale prices in key markets.