Indian mill scale export offers remain unchanged although anticipated fall in Iron ore prices in spot market keeps buying interest low.
Recently an Indian exporter, Aeron Exports, has concluded a bulk deal for 30,000 MT Mill scale at USD 47-48/MT, FoB Kandla Port (West Coast India). Cargo was heard to have sold to Minmetals Cherry Glory, a Chinese trader and it was to be shipped on 30 June’15 to Chinese port.
Indian domestic prices remain unaltered, with Fe 70% iron ore trading at INR 2,200-2,400/MT, delivered Kandla Port. Indian exporter, KK Resources heard to have bought cargoes from domestic mills at INR 2,300-2,400/MT, delivered Kandla Port.
Mill Scale prices in central India remain majorly in the range of INR 2,700-2,900/MT (ex-factory).
Also Read: India Mill Scale Vessels Rejected at Chinese Port
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