- Tata Metaliks has increased pig iron prices by INR 5,100/t ($67/t), or about 9%. Fresh offers for foundry grade material are at INR 62,800/t and basic grade at INR 60,300/t. Prices are exw Kharagpur, applicable for the Kolkata and Howrah markets.
- Prices are rising on account of the sharp surge in coal, coke and steel prices, price hikes announced by other producers, and the rise in bids at SAIL auctions.
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