Author: Manish Vasdev
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Indian Pig Iron Market Under Pressure on Falling Billet Prices
Price competitiveness among private pig iron producers has increased to improve buying inquiries. Furnace owners have turned cautious over falling billet prices to reduce future bookings for Pig iron. In addition, the participants stated that as price gap between pig iron & Ingot/Billet has minimized, the most of furnaces are reducing pig iron consumption due…