India: NINL offers Pig Iron for February

MMTC, India’s largest international trading company on behalf of NINL has opened Pig iron prices for domestic buyer.

The company is offering around 15,000MT of N1/ Steel grade at INR 24,000/MT (Ex-plant) with a discount of INR 200-400/MT for lifting 1-2 racks in a single purchase.

The offers is valid up to 28 Feb, 2014.

On 6 Feb, 2014 Company had open N1/Steel grade with a rise of INR 500/MT to about INR 24,000/MT (Ex-plant). 

[su_quote]Source said, “Company had stock of steel grade in hand, which it wanted to sell to its domestic buyers.”[/su_quote]