Author: Seema Goenka
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Indian Pig Iron Producers foresee Price Rise in Jan 2014
Pig iron manufacturers across India have indicated a price rise of INR 200-500/MT in Steel grade and INR 500-1,000/MT in foundry grade, for Jan 2014. On what Grounds will Prices Gain Strength? “Our cost of producing Pig iron has gone up by INR 600-2,000/MT because of expensive Iron ore in Karnataka (by 60-70%) and Odisha. We…