SAIL Opens Fresh Offer for Pig Iron

Steel Authority of India Ltd (SAIL), India’s largest steelmaker, is offering basic grade Pig iron at INR 15,900/MT, ex-Rourkela with validity upto 9 Feb’16.

SAIL, RSP has opened offers for limited quantity basic grade Pig iron at INR 15,900/MT, ex-Rourkela, with a price cut of INR 800/MT than previous offers. The company is also offering additional discount of upto INR 400/MT on purchase of upto 20,000 MT.

Discount Table

Quantity in MT Discount Offers for Road Delivery Offers for Rail Delivery
Upto 2,000 MT Nil 15,900 16,000
2,000-5,000 100 15,800 15,900
5,000 -10,000 200 15,700 15,800
10,000-20,000 300 15,600 15,700
20,000 MT & above 400 15,500 15,600

Offers in INR/MT
Source: SAIL

Basic grade Pig iron prices of other primary manufacturers like NINL and RINL have also remained in the similar range of INR 15,900-16,300/MT and INR 16,000-16,800/MT, ex-plants respectively (discount included).


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