Pig Iron manufacturers in India pulled down offers this week

Pig Iron prices dropped on growing cost of production as a result of iron ore supply crisis as follows.

Vizag Rs 500/M, Giridih Rs 300/MT, Maharashtra Rs 200/MT, Raipur Rs 500/MT and Rourkela Rs 100/MT

Exports were not heard as offers in India are better than international prices. 

In the coming week, offers might not rise as demand is same and output from major producers should not fall on secured iron ore supply from NMDC and OMC.