India receives first pig iron vessel from Russia

  • India has received a vessel containing 26,000 t of Russian pig iron recently, which was booked by a eastern India-based integrated steel plant in Aug’22.
  • The vessel named Dato Fortune reached Paradip Port in the third week of Sep’22.
  • Indian pig iron prices were on the higher side in Aug’22 due to curtailed production which may have resulted in bulk import bookings, SteelMint notes.

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