Author: Manish Vasdev
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India: Tata Metaliks slashes pig iron prices by 4%
Tata Metaliks has reduced pig iron prices by INR 1,800/t ($24/t), or 4%. Fresh offers for foundry grade material are at INR 44,200/t and for basic grade pig iron offers stand at INR 41,200/t. Prices are exw-Kharagpur and applicable for the Kolkata and Howrah markets. Pig iron prices are under pressure on falling steel and…