Tag: domestic mill scale prices
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India: Gujarat mills sourcing mill-scale material from Punjab on supply crunch
Domestic mill-scale prices in India have continued to decline on falling iron ore and pellet prices amidst limited buying. SteelMint’s current assessment for mill scale (Fe 70/68%) stands at INR 6,800/t DAP Kandla, lower by INR 200/t, w-o-w. The supply tightness signals have been especially visible in the Gujarat-based markets, causing most of the players…