Author: Manish Vasdev
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India: Vedanta increases pig iron offers by INR 1,500/t ($20/t)
Vedanta Resources, a leading domestic pig iron manufacturer based in western India, further raised prices by INR 1,500/t in Gujarat and Maharashtra. Current offers for foundry grade pig iron are at INR 63,000/t delivered (DAP) to Ahmedabad. Improved export realisations and hike in prices by the private plants resulted in a rise in offers along…