Indian Pig iron manufacturers cut prices on weak demand

Pig iron prices have noticed a fall of Rs 300-500 per tonne on weak demand and steel low output.

Improved supply of iron ore has made manufacturers to keep their prices low. Though prices are unexpected to fall sharply, said market participants. 

Current Pig Iron prices (Steel grade)

Raipur: Rs 26500++

Raigarh: Rs 25400-500++

Jharsugda: Rs 24500++

Cuttack: Rs 24300++

++ Basic Prices