Pig Iron demand in the country is poor.
Places such as Mandi, Raipur, Rourkela, Jharsuguda, Cuttack, Vizag and Hyderabad witness low trading volumes.
Iron ore prices are not supporting Pig Iron market.
Rains affect demand for the material in Giridih.
Plants in Bhilai, Raigarh and Goa have held outside sales on captive consumption.
Plants in Durgapur are running at 40-50% capacity as labor is scarcely available due to summer heat.
Sources said a private company in Chennai may export 500 tons of Foundry Grade at $550 CFR to Taiwan and Bangladesh this month.
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