Author: Manish Vasdev

Indian pig iron producers make first price cut after 5 weeks as Neelachal Ispat resumes production. Neelachal Ispat Nigam Ltd (NINL) promoted jointly by the Odisha government and MMTC Ltd has cut pig iron prices by INR 1,000/MT(USD 15). Current offers stand at INR 30,000/MT (USD 447) for steel grade. NINL is the largest merchant…