Author: Manish Vasdev

Pig iron offers in domestic market have reached at INR 20,700-23,000/MT (USD 308-343) levels. Prices jumped up by upto INR 2,500/MT W-o-W, INR 3,400-6,200/MT M-o-M and INR 3,800-6,400/MT Q-o-Q. Many induction operators reported that they have reduced the consumption of Pig iron and switch to alternate CI Scrap and Calcined Pet Coke (CPC). Exports Nil…