Tata Metaliks has reduced pig iron (both basic and foundry grades) prices by INR 700/t ($8/t) amid lower demand and higher offers. Current offers-
Foundry grade: INR 48,800/t
Basic grade (Si 1.0-1.5%): INR 45,800/t
Prices are exw-Kharagpur and applicable for Kolkata and Howrah.
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