India: Tata Metaliks cuts pig iron prices by INR 1,000/t ($12/t)
Tata Metaliks has reduced pig iron prices for basic and foundry grades by INR 1,000/t ($12/t) due to low demand for finished products. Post-revision, prices of foundry-grade pig iron are at INR 41,500/t ($493/t), while basic grade (Si 1.0-1.5%) prices are at INR 39,000/t ($464/t).Prices are exw-Kharagpur and applicable for Kolkata and Howrah markets.