Tata Metaliks has decreased pig iron prices for both basic and foundry grades by INR 1,500/t ($18/t) due to the lack of demand at existing prices. Post-revision, prices of foundry-grade pig iron stand at INR 45,000/t ($541/t), while basic grade (Si 1.0-1.5%) prices are at INR 42,500/t ($511/t). Prices are exw-Kharagpur and applicable for the Kolkata and Howrah markets.
