Vedanta Resources, the largest merchant pig iron producer is about to shut down one of its blast furnaces (BF) for capital repairs for a period of two months, company officials told SteelMint. Expected production loss will be around 40,000 t per month. The company’s remaining furnaces will continue to operate at a time pig iron prices are surging on stiff iron ore and ferrous scrap prices. The company produced about 700,000 t pig iron in FY20.
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