Overseas buyer imports Pig Iron this week; NINL to float another tender 

RINL: 30,000 tons Pig Iron exports deal concluded at $396/MT FOB Vizag Port; Prime Carbon GmbH (Switzerland) bid highest

NINL: 60,000 tons exports tender cancelled as Stemcor (UK) bid low; current stock position is one lakh tons.

Secondary Pig Iron makers cut prices up to Rs 1,500/MT in a week''s time in line with the price trend of state owned entity (NINL), as mentioned below:

Cuttack (Mesco) Rs 500/MT

Jharsuguda (MSP) Rs 300/MT

Maharashtra Rs 500/MT & Rs 1,500/MT (foundry)

Maharashtra (Sona) Rs 200/MT & Rs 5,25/MT (foundry)

Durgapur Rs 300/MT & Rs 500/MT (foundry)   

And, those in Raipur (Neco) and Chennai resumed sales in this week.