India’s one of the largest steel producers concluded a deal for around 5,000 t of steel grade pig iron at around INR 38,900/t exw-Odisha. The material will be loaded for central India, which is equivalent to INR 39,800-40,000/t DAP Raipur & INR 39,500-39,700/t DAP Raigarh. Meanwhile, Durgapur-based producers reduced offers by INR 300-400/t w-o-w to around INR 40,100-40,300/t exw for steel grade material.
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