India: Tata Metaliks cuts pig iron prices by INR 1,500/t ($18/t)
Tata Metaliks has reduced prices of foundry-grade pig iron by INR 1,500/t ($18/t) due to sluggish demand. Post-revision, prices stood at INR 38,500/t ($455/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.