Author: Manish Vasdev
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India: Pig iron prices rise by INR 500/t in Durgapur
Private plants based in Durgapur have raised their steel grade pig iron offers by INR 500/t following strengthening billet prices as well as sufficient orders in hand. But the key factor is limited supply in the spot market including supplies by state-owned mills. Fresh offers by Neo Metaliks and Kajaria Iron (KIC) are assessed at…