Mill scale offers edge up in central India despite limited trades

  • Mill scale prices are assessed at INR 7,500/t exw Raipur, an increase of INR 500/t w-o-w. Deals of around 1,200-1,300 t were heard concluded at INR 7,500/t exw Raipur.
  • Prominent buyers were away from bulk buying this week anticipating a drop in offers, while sellers held up offers high
  • Current assessment for mill scale (Fe 70/68%) is at INR 8,250/t DAP Kandla, up INR 50/t w-o-w. However, no significant deals were heard concluded.

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