Author: Rounak Gairarey
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Indian Pig iron Prices Trek Low as Buying Stays Sluggish
SteelMint learnt from market participants that Pig iron offers in Central & Eastern India declined further by INR 300-500/MT (USD 4-8) W-o-W, due to slump in steel prices and improved supply for the material. The regular trade participants stated, “Inquiries are less on falling coking coal & steel prices, this has mounted pressure on producers…