Author: Manish Vasdev
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India: Tata Metaliks cuts pig iron prices by INR 3,000/t ($38/t)
Tata Metaliks Ltd. has reduced pig iron prices by INR 3,000/t ($38). Fresh offers for foundry grade are at INR 51,700/t and basic grade at INR 48,000/t. Prices are exw Kharagpur, applicable for Kolkata and Howrah. Prices were reduced against the backdrop of price cuts by other mills and subdued bids at SAIL auctions. Also,…