Pig iron prices witnessed bearish trends in various markets in the week ending June 11, market sources said.
Prices fell by Rs 1,000 per ton in Batala, Rs 1,300 per ton in Jalandhar and Rs 1,000 per ton in Ludhiana.
There has been a continued downtrend in prices over the last one month.
Prices of pig iron in various markets during the past six months (Rs/ton)
NAME OF THE MARKET |
Price Rs./Ton as on |
Price Rs./Ton as on |
Price Rs./Ton as on |
Price Rs./Ton as on |
Price Rs./Ton as on |
11-Jun-16 |
10-Jun-16 |
4-Jun-16 |
12-May-16 |
14-Dec-15 |
|
BATALA |
26,200 |
26,300 |
27,200 |
29,400 |
23,000 |
JALANDHAR |
25,500 |
26,000 |
26,800 |
29,000 |
23,400 |
LUDHIANA |
26,200 |
26,300 |
27,200 |
29,600 |
23,300 |
HYDRABAD |
- |
- |
- |
- |
- |
GAZIABAD |
- |
- |
- |
- |
24,000 |
Source: Compilation from various sources & ISMW data