Author: Lalita
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India: Vedanta cuts foundry grade pig iron offer by INR 1,500/t ($21)
Vedanta Limited – a major pig iron producer in India, has reduced its foundry grade pig iron offer by INR 1.500/t. The current offer for the same stands at INR 38,500/t FoR Ahmedabad, SteelMint gathered from sources. Drop in offers by competitors as well as declining steel prices stood as the main reasons behind price…