Two deals for 5,000 t pig iron concluded for buyers in north India

  • Two rakes, equivalent to 5,000 t of foundry grade pig iron, was sold to buyers in north India of which one deal was concluded by Tata Metaliks at INR 48,400/t ex-siding Phillaur, Punjab.
  • The other deal was concluded by Kirloskar Ferrous at around INR 48,400/t ex-siding Delhi.
  • Current offers through the resellers are at INR 49,500-49,700/t in Delhi and INR 48,700-48,900/t in Ludhiana on delivered basis (including local freight).

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