India’s one of the largest steel producers concluded a deal for around 4,000 t of steel grade pig iron at around INR 37,700/t exw-Odisha. The material will be loaded for central India, which is equivalent to INR 38,500-38,600/t DAP Raipur & INR 38,200-38,300/t DAP Raigarh. Meanwhile, some traders reported market is still under pressure, offers in central India declined by around INR 2500-2700/t w-o-w.

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