Author: Manish Vasdev
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India: Electrosteel pig iron auction receives firm response
Electrosteel conducted an auction for 1,500 t of steel grade pig iron on 19 Apr’22, which was concluded at INR 60,700-61,000/t ex-plant. Bids remained firm as against an auction conducted yesterday for same quantity. Domestic pig iron prices remain strong on healthy export orders and rebounding coal and coke prices. Steel grade pig iron offers…