- Vedanta Resources, a leading domestic pig iron manufacturer based in western India, has raised prices further for buyers in Gujarat and Maharashtra.
- Current offers for foundry grade pig iron are assessed at around INR 67,500/t delivered (DAP) to Ahmedabad and INR 66,500/t DAP Kolhapur.
- Improvement in exports along with better realisations were the key factors behind the surge in offers, SteelMint notes.
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