Tata Metaliks has increased basic grade pig iron prices by INR 1,200/t ($16/t), or 4%, and fresh prices are at INR 40,900/t. However, the company has kept prices of foundry grade material stable at INR 44,200/t. Prices are exw-Kharagpur and applicable for the Kolkata and Howrah markets.
- Domestic pig iron prices are rebounding amid rising steel prices and resumption of exports.
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