Pig Iron markets witness low demand and here is no sign of improvement.
It is not available in sufficient quantity as manufacturers have cut production and some of the plants in places like Goa, Bhilai and Raigarh are using material for its own captive consumption.
Pig Iron offers remain range bound and have not fallen much. Buyers are not placing any bookings at current offers. In near term, prices might show some downward trend.
Leave a Reply