Author: Manish Vasdev
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India: Domestic Pig iron Prices Cross 9-Month High on Short Supply
Steel grade pig iron supply in Indian domestic market remained on the lower side as few merchant producers have halted sales. Thus, supply crunch of pig iron in north-east India has lead to sharp surge in price range. Currently prices are trending at over 9-month high in Durgapur at INR 28,300-28,700/MT ex-plant. Similar price levels…