India: Vedanta increases pig iron offers by INR 3,000/t ($39/t)

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Vedanta Resources, a leading domestic pig iron manufacturer based in western India, has further raised prices by INR 3,000/t ($39/t) for buyers in Gujarat and Maharashtra. Current offers for foundry grade pig iron are assessed at around INR 61,500/t DAP Ahmedabad.
Rising coal, coke and steel prices amidst bullish trends globally are driving the surge in prices, SteelMint notes.

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