Tag: PIG IRON

Falling Billet & Scrap prices in Indian domestic market has forced Pig iron manufacturers to reduce offers by INR 300-400/MT this week. Prices have corrected over INR 1,000/MT in last one month. Current offers are hovering in the range of INR 23,500-25,500/MT (USD 390-425/MT) on Ex-Works basis. Pig iron is largely traded in Eastern region…