- Vedanta Resources, a leading domestic pig iron manufacturer based in western India, further raised prices by INR 1,500/t in Gujarat and Maharashtra. Current offers for foundry grade pig iron are at INR 63,000/t delivered (DAP) to Ahmedabad.
- Improved export realisations and hike in prices by the private plants resulted in a rise in offers along with higher coal and steel prices globally.
Leave a Reply