Tata Metaliks (TML) – one of the major pig iron producers in eastern India has raised its offers by INR 3,500/t for Punjab deliveries. Fresh offers for foundry grade pig iron stand at INR 32,900/t & steel grade (Si 1-1.5%) at INR 29,600/t ex-plant, Kharagpur. Shortage of material and strong demand resulted in surge in prices, SteelMint learned from sources.
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