Pig iron monthly output had come down to 3,000-4,000 tons at Rourkela, but good demand accounted for around 8,000 tons of production in April.
The excess stock at present has resulted in price cut by Rs 200/MT.
Whereas, due to low Pig iron supply at Cuttack, Raipur and Durgapur, prices rise by Rs 200-500/MT.
At Giridih, sales is on hold for steel grade material, as the manufacturer has received enough bookings and has only about 2,000 tons of foundry grade available.
Pig iron makers at Maharashtra said that demand has been lukewarm, but was better than March and is slowly picking up.
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