- RINL floated a 50,000 tons Pig Iron open tender in domestic market due to weak response for the 30,000 tons exports tender.
- Pig Iron prices (steel grade) slipped, as mentioned: NINL Rs 1,000/MT, RINL Rs 500/MT, Jayaswal Neco Rs 800, MSP Steel & Power Rs 1,250/MT, Durgapur Rs 200/MT and Chennai (steel and foundry grade) Rs 800/MT.
- NINL and RINL offered discount on purchase of Pig Iron in bulk quantity due to inventory pressure and no export orders.
- Sales (foundry grade) was closed at Jayaswal Neco, MSP Steel & Power and KIFL and at JSPL (steel grade).
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