Author: Nishtha Mukherjee
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SteelMint: Pig iron prices touch all-time high on rapidly-increasing coke costs
Pig iron prices in India have hit an all-time high, owing to fast-rising metallurgical coke prices that threaten to damage the economic viability of producers dependant on merchant met coke sourcing, SteelMint notes. SteelMint data shows that domestic (steel grade) pig iron prices climbed to INR 46,000/t exw-Durgapur in end-Sep’21 – a straight 20% increase…