- Tata Metaliks has reduced foundry grade pig iron prices by INR 1,000/t ($13/t) to INR 50,200/t. However, the company’s basic grade pig iron prices are stable at INR 47,900/t. Prices are exw-Kharagpur and applicable for Kolkata and Howrah markets.
- Sources informed that, downward price corrections through the major pig iron producers based in south and western India, is a key factor behind price reduction through the TATA Metaliks.
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