Author: Manish Vasdev

Neelachal Ispat Nigam Ltd (NINL) has further increased its Steel grade pig iron prices by INR 600/MT (USD 9) despite low demand. Current offers are at INR 21,500/MT (USD 320) ex-works, excluding excise duty and VAT. Sources mention that prices have been increased, as company has pending deliveries for last month. They further mentioned that…