Category: Pig Iron
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Pig iron sales at SAIL auctions drop over 50%, m-o-m, in April
Pig iron sales at auctions held by Steel Authority of India Ltd. (SAIL) fell by 52.53% m-o-m to just 19,700 tonnes (t) in Apr’22 from 41,500 t in Mar, as per monthly data. Sales dropped sharply as pig iron prices remained steep on the back of a sharp surge in coal and steelmaking coke prices…