India’s major merchant pig iron suppliers in Durgapur have raised offers against last week on anticipation of supply shortage due to SAIL’s auction policy & rise in billet prices. Neo Metaliks Ltd has raised offers by INR 300/MT to INR 24,300/MT EXW. Also Kajaria Iron & Steel has raised offer by INR 500/MT to INR 24,500/MT EXW.
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