February 3, 2026

India: Mill scale prices remain mixed across key regions

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Mill scale prices softened in Kandla while Raipur held steady.

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  • Kandla: Prices declined by INR 100/t to INR 8,350/t DAP against 28 Jan; 7,500 t were booked at INR 8,200-8,450/t. Lower price offerings by exporters led to fall in prices, while softening global iron ore market sentiment weighed on further gains.
  • Raipur: Prices held steady at INR 6,700/t exw; 3,400 t booked at INR 6,400-6,700/t.