Author: Manish Vasdev

Tata Metaliks has reduced pig iron prices by INR 1,200-1,400/t ($16-19) due to weakening demand on falling steel prices. Prices of foundry grade material were reduced by INR 1,200/t to INR 42,400/t, while for basic grade pig iron (Si 1-1.5%) prices were reduced by INR 1,400/t to INR 39,200/t. The prices are exw-Kharagpur and applicable…