Author: Nishtha Mukherjee
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Indian mill concludes 40,000t pig iron export deal
An Indian steel mill has recently concluded an export tender for 40,000 t of basic grade pig iron for Jul’21 shipment. The deal was heard concluded at around $560/t, FoB, for a non-Chinese destination, according to market sources. Domestic pig iron prices in India have moved down amid declining billet offers. SteelMint’ assessment for steel…