Neelachal Ispat Nigam Limited, the largest state owned producer of steel grade Pig Iron at Cuttack cut prices by Rs 1,000/MT to Rs 22,500/MT (Basic) w.e.f December 19.
The discount structure is as mentioned below:
Quantity Discount
1,000 MT – Rs 100
2,000 MT – Rs 200
3,500 MT – Rs 300
7,000 MT and above – Rs 400
Buyers interested to lift 7,000 MT of Pig Iron are to make an initial payment for 3,500 MT.
Offers reduced as the company has not met with any exports order for last few months and on cancellation of the recent exports tender in the mid of the month.
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