Author: Seema Goenka
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India: MMTC cuts Lam Coke Prices; Other manufacturers follow Suit
MMTC has lowered Lam coke prices in line with weak demand and production cut by Blast Furnaces. Other than the couple of reasons stated above, economical import offers at USD 164-165/MT CFR India has also dragged down prices. The material produced by Neelachal Ispat, is being offered at INR 13,400/MT ex-plant and attracts no discounts presently.…