Category: Pig Iron
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India: Pig iron sales at SAIL auctions fall by over 40%, m-o-m, in Jan’22, prices rise steeply
Pig iron prices rose sharply at auctions conducted by state-owned steel producer SAIL in Jan’22 as domestic prices inched close to an all-time high on elevated coal and coke prices amid sustained domestic steel demand. However, SteelMint data shows that sales volumes in Jan dropped by 43% compared with Dec to around 40,000 t. In…