South Indian producer concludes foundry grade pig iron deal for Delhi

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A south India-based major pig iron producer concluded a rake of foundry grade pig iron tender for Delhi at around INR 62,000/t ex-siding.
Current offers through the resellers in Delhi are at INR 63,000-63,200/t delivered to plant (DAP).
Domestic pig iron prices have started declining due to the fall in coal, coke and steel prices.

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