Tata Metaliks has increased foundry grade pig iron prices by INR 700/t ($9/t) to INR 44,900/t. The company had raised basic grade pig iron prices by INR 700/t in the beginning of Jan’22 to INR 41,600/t. Prices are exw-Kharagpur and applicable for Kolkata and Howrah markets.
Domestic pig iron prices have rebounded following a rise in steel prices and resumption of exports.
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