Author: Rounak Gairarey
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India: Neelachal Ispat Reduces Pig Iron Offer by INR 1,100/MT (USD 17) for June 2018
Neelachal Ispat Nigam Ltd (NINL), India’s largest and state owned steel grade pig iron manufacturer & exporter has reduced pig iron prices by INR 1,100/MT (USD 16.5) for June 2018 deliveries. Prior to this, the company has also cut prices during May-end by INR 500/MT (USD 7.5). Market sources observed that owing to increased production…