Author: Manish Vasdev

Vizag Steel, also known as Rashtriya Ispat Nigam Ltd (RINL) has increased Pig iron prices by INR 1,200/MT (USD 18/MT). Current offers for steel grade are assessed at INR 19,500/MT (USD 290/MT) ex-works (excluding Excise and Taxes). As per trade sources, the company has increased offers due to tight supply (low inventory) amid limited seasonal…