Pig Iron prices in India stabilized this week with discounts being offered              

  • NINL and RINL hold offers at Rs 23,500/MT (Basic) due to
    no exports order and inventory pressure and give discounts of Rs 800/MT for purchases of 6 rakes and 15,000 tons at one time respectively
  • Pig Iron prices slide as follows: Jharsuguda Rs 300/MT (steel) and Rs 1,000/MT (foundry), Mesco Steel, Cuttack  (steel) and Durgapur Rs 200/MT (steel and foundry)
  • Tata Metaliks Ltd, Durgapur (foundry) quote discount of Rs 800/MT on Rs 29,700/MT for few of its customers
  • Prices might change after the 30,000 tons tender floated by NINL and RINL each, opens in the mid of the month 

 

 

 

      

      


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