Author: Manish Vasdev
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India: NINL Increases Pig Iron Offers by INR 500/MT (USD 8)
Neelachal Ispat Nigam Limited (NINL), India’s largest and state owned Pig iron manufacturer, has increased its offer by INR 500/MT (USD 8). Current offers for steel grade (N1) are assessed at INR 16,400/MT (USD 245) on ex-plant basis. The company is offering a bulk discount of INR 400/MT on above purchase of 6,000 MT. NINL…