Rashtriya Ispat Nigam Limited (RINL) is offering a maximum discount of Rs 1,000/MT on current steel grade Pig Iron offers, quoted at Rs 23,000/MT (Ex works Vizag) for buyers willing to purchase a total of 15,000 tons of material and above.
MSP Steel & Power Ltd cut prices by Rs 500/MT to Rs 22,900/MT (Ex works Jharsuguda) for steel grade Pig Iron and is not offering foundry grade material as of now.
Adhunik Metaliks Ltd at Rourkela, Odisha, Jindal Steel & Power Ltd (JSPL) at Raigarh Chhattisgarh and Kirloskar Ferrous Ind Ltd (KIFL) at Koppal, Karnataka have closed sales.
Adhunik Metaliks Ltd is likely to revise prices on Dec 25.
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