India: Tata Metaliks cuts pig iron prices by INR 1,000/t ($12/t)

Tata Metaliks has reduced prices of foundry-grade pig iron by INR 1,000/t ($12/t) due to sluggish demand. Post-revision, prices stood at INR 37,500/t ($437/t) exw-Kharagpur.These prices are applicable for the Kolkata and Howrah markets. The price adjustment reflects the current subdued market conditions and demand trends.