Pig Iron market across various locations of India are witnessing a gap in demand and supply at present.
Most of the producers are anticipated to hold offers for this month as NINL and RINL have considered no change.
A Pig Iron manufacturer in Raipur, Chhattisgarh has decided to continue offering steel grade and foundry grade Pig Iron for December '12 at Rs 25,000/MT and Rs 29,000/MT (Basic) respectively.
The company sold out 15,000 tons of Pig Iron in the month of November, this year and is expecting to meet with a sales volume of around 25,000 tons in the current month.
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