India: Mill scale prices rebound in recent deal
Domestic mill scale prices are assessed at INR 3,450/t exw-Raipur, up INR 400-500/t w-o-w. A trade deal of 4,000 t was reportedly concluded at similar price levels. Recovery in pellet offers supported the hike in mill scale offers.
The current assessment for mill scale (Fe 70/68%) stands at INR 5,500/t DAP Kandla, up INR 300/t w-o-w.