Tag: Durgapur pig iron

SAIL-IISCO’s expansion turns out to be an unavoidable threat to local Pig iron manufacturers. Steel grade Pig iron prices in India’s most active market, Durgapur, witnessed a sharp fall of INR 500/MT W-o-W. Pig iron here is currently traded at INR 18,000-18,200/MT, ex-Durgapur. Dull demand for steel, coupled with high competition from the primary manufacturers…