Author: Manish Vasdev
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Indian Pig Iron Market Overview
Pig iron manufacturers in domestic market have raised their offers by INR 1,500-3,000/MT in Sep’16 M-o-M. During the same period, billet prices also increased by upto INR 2,000/MT. Sharp increase in coking coal prices amid logistic issues on iron ore led to rapid rise in Indian Pig iron prices. In Sep’16, coking coal offers were…