Author: Manish Vasdev
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Pig Iron offers Further Reduced in Indian Secondary Market
Pig iron prices in Indian market continues to fall since May’16 on increased supply and poor trade activities. In a week, offers fell by upto INR 1,000/MT (USD 15) and during a month by upto INR 2,200/MT (USD 33/MT). Prices have dropped after Neelachal Ispat Nigam Ltd (NINL) has cut its prices. NINL is the…