- Tata Metaliks Ltd, a major Indian pig iron producer, has concluded an export deal for a rake (2,500 t) of basic grade (Si 1.2%) pig iron to Nepal.
- The deal was heard concluded at around $620/t exw-eastern India, equivalent to $639-640/t CPT Nepal.
- India’s exports of sponge iron and pig iron to Nepal are rising continuously due to ramp up in melting capacities in the neighbouring country.
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