Pig Iron trading volumes remain low in India  

Sales
is taking place in small quantities only in most of the locations across the
country. 

Manufacturers
at Jharsuguda stop foundry grade production.Steel grade price at Durgapur rise
by Rs 500/MT as a plant producing steel grade is expected to take a shut
down on maintenance reasons from the 20th of Aug for
around a month.  

Availability
of labor is an on-going issue affecting production in Delhi, North India and
market is anticipated to improve around the end of August.

A private company is heard to export 1,000 tons of containerized foundry grade
this month at US $515-520 FOB Chennai Port to Taiwan, Bangladesh and Spain


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