NINL (India) pulls down Pig Iron prices by 500/MT w.e.f 7 Jan 

Neelachal Ispat Nigam Limited (NINL), the state owned entity at Cuttack, Odisha has lowered prices of Pig Iron (steel) by Rs 500/MT.

Its material is currently being quoted at Rs 22,000/MT (Ex works price) w.e.f the 7th of January, 2013.

(Above price is valid till the 19th of January, 2013)

The company is offering further discounts for buyers interested to purchase Pig Iron in bulk quantities, as mentioned below.

Quantity (MT) Discount(Rs) 

7,000                    400

3,500                    300

2,000                    200

1,000                    100

(An initial deposit of Rs 300/MT is required to lift 7,000 MT of Pig Iron)