Author: Manish Vasdev
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India: Vedanta cuts foundry grade pig iron offers by INR 750/t ($10)
Vedanta Limited has reduced foundry grade pig iron offers by INR 750/t ($10/t). The current offer stands at INR 47,250/t DAP (Delivered at Plant-site) Ahmedabad, SteelMint gathered from sources. Reduction in offers by market peers as well as declining steel prices are the main reasons behind the price revision by the company. Vedanta has pig…