India: Tata Metaliks decreases pig iron prices by INR 1,300/t ($16/t)

Tata Metaliks has reduced pig iron (both basic and foundry grades) prices by INR 1,300/t ($16/t) due to lower demand at previous offers. Current offers-

• Foundry grade: INR 46,200/t
• Basic grade (Si 1.0-1.5%): INR 43,200/t

Prices are exw-Kharagpur and applicable for Kolkata and Howrah.