Jindal Steel and Power (JSPL) has reduced steel grade pig iron offers for domestic sales from its Raigarh-based plant, as per SteelMint reports. Prices have been slashed by INR 300/t for bulk orders, with fresh offers standing at INR 39,300/t, exw. As per company sources, about 2,000-3,000 t of material is available for sale at present. Meanwhile, traders are offering material at INR 39,600-39,800/t on FoR Raigarh basis.
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