Tata Metaliks has reduced pig iron prices for both basic and foundry grades by INR 1,000/t ($12/t) due to lack of demand at existing prices. Post-revision, prices of foundry-grade pig iron stand at INR 41,500/t ($495/t), while basic grade (Si 1.0-1.5%) prices are at INR 39,000/t ($466/t). Prices are exw-Kharagpur and applicable for Kolkata and Howrah markets.
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