Author: Manish Vasdev
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Indian Pig iron Prices Slide Further on Limited Inquiries
The private pig iron producers in major Indian markets are reluctant to cut prices over limited demand from the local EA or Induction furnaces due to slump in Ingot/Billet prices. In a week duration the price fall in same proportion in Billet & Pig iron by INR 500-1,000/MT (USD 7-14). As per pig iron producers,…