Foundry grade Pig Iron output has not shown a major change in the Indian market and producers continue offering at same prices.
A major manufacturer of foundry grade based in Karnataka named Kirloskar Ferrous Industries Limited (KIFL) has decided to close deals in domestic market at offers quoted in the range of Rs 30,300-600/MT (Basic).
For the last two months, there has been no fluctuations in prices with around 20,000 tons of material sold out monthly.
Current production is around 80% on less supply of the important raw material, iron ore in Odisha and Goa.
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