Tata Metaliks has reduced pig iron prices by INR 1,200/t. Fresh offers for foundry grade are at INR 46,500/t and basic grade (Si 1.0-1.5%) at INR 43,500/t exw Kharagpur. Prices are exw-Kharagpur and applicable for Kolkata and Howrah. Tata Metaliks’ previous offers were higher compared to other producers in the region which forced the company to cut its prices.
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