India: Pig iron prices likely to remain strong in Durgapur*

Tight supplies of pig iron in West Bengal’s Durgapur market are likely to keep prices strong. Suppliers have raised pig iron offers to INR 45,000-45,200/t exw. As per sources, a key pig iron producer in Durgapur is planning to carry out blast furnace maintenance works. Operations are expected to remain suspended for about two months.

Updated*


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