State owned Pig Iron manufacturers in India are offering further discounts on Rs 23,500/MT (Basic) for December '12 to clear out stocks in large quantities and are hopeful of sales in good volumes.
NINL, at Cuttack (Odisha) is offering discount up to Rs 800/MT to Rs 22,600/MT for a total purchase of 6 rakes of steel grade Pig Iron.
RINL (Vizag Steel) has also quoted steel grade Pig Iron at a discount of Rs 800/MT which extends up to a maximum of Rs 1,000/MT to Rs 22,500/MT provided a buyer is interested to place bookings for 15,000 tons of Pig Iron at one time.
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