India: Tata Metaliks concludes pig iron tender for Punjab

  • Tata Metaliks had floated a tender for one rake of foundry grade pig iron for north India today. The tender was concluded at INR 43,600-700/t delivered to siding in Punjab.
  • Earlier today, a tender floated by Vedanta Resources with the reserve price at INR 40,700/t exw, equivalent to INR 44,200/t delivered to siding in Punjab/Delhi failed to attract participation due to the high reserve price.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *