Author: Manish Vasdev
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Indian Pig iron Market Under Selling Pressure, Market Expects Price Correction
Amid constant fall in domestic billet prices, private pig iron producers in Indian domestic market are under selling pressure on poor demand for the material. As per furnaces, fresh bookings are on hold over narrowed down price gap between Ingot/Billet & Pig iron. Hence price corrections are awaited for future deliveries. The current price gap…