Central India: Jindal Steel offers 2,000 t steel grade pig iron

  • Jindal Steel, India’s one of the largest steel producers, has offered steel grade pig iron from its Raigarh-based plant.
  • Fresh offers are quoted at INR 46,500/t exw. As per officials, about 2,000 t of the material is available for sale. Meanwhile, traders are offering the same at INR 46,700-800/t on FOR Raigarh basis.
  • Demand is weak today due to falling steel prices, SteelMint notes.

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