Tata Metaliks has reduced foundry grade pig iron prices by INR 1,000/t due to limited demand on 8 Nov’21. The company had last hiked prices by INR 2,000/t on 5 Oct’21.
Offers for foundry grade pig iron are at INR 47,200/t, while offers for basic grade material stand stable at INR 45,500/t exw-Kharagpur. Prices are applicable for Kolkata and Howrah.
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