India: Mill scale prices remain stable in key markets

  • Mill scale prices in Raipur remained stable at INR 6,850/t exw on 8 May’24 against 4 May. Deals of 3,000 t were booked at around INR 6,800-6,900/t exw.
  • Prices in Kandla inched up by INR 50/t to INR 7,400/t DAP today. Around 2,800 t deals were concluded at around INR 7,500/t DAP.
  • Limited trade activities and bid-offer disparities have kept mill scale prices at similar levels.