India: Tata Metaliks cuts pig iron prices by INR 1,800/t ($22/t)

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Tata Metaliks has reduced basic and foundry grade pig iron prices by INR 1,800/t for Nov’22 orders.
Fresh offers for foundry grade are at INR 46,700/t and for basic grade (Si 1.0-1.5%) at INR 43,700/t exw Kharagpur. Prices are applicable for Kolkata and Howrah.
The ongoing dull sentiments on continuous fall in steel prices and competitive offers compelled the company to slash prices.

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