Neelachal Ispat Nigam Ltd (NINL) has increased steel-grade pig iron offers by Rs 600 per ton to Rs 19,600 per ton ex-plant at Cuttack as against the previous Rs 19,000 per ton ex-Cuttack, according to information available with ISMW.
The offers are for N1 grade pig iron (Si 1.24%, Mn< 1%, S 0.05% max, P 0.15% max and C 3.6-4.3%).
The company is also allowing discounts up to Rs 200 per ton on purchases of 2,000 tons and above.
The company has not announced prices for N2 grade pig iron (Si 1.25-2.25%, Mn< 1%, S 0.05% max, P 0.15% max and C 3.6-4.3%).
NINL prices are valid till April 29, 2016.
Time period |
Steel grade (N1) Pig Iron |
Foundry grade (N2) Pig Iron for road despatches |
|
Jan 12-Jan 20, 2016 |
16100 |
16500 |
Jan 21-Feb 1, 2016 |
16800 |
17400 |
Feb 1-Feb 10, 2016 |
16300 |
16800 |
Feb 17-Feb 26, 2016 |
17000 |
17400 |
Mar 1-Mar 11, 2016 |
17300 |
17500 |
Mar 9-Mar 21, 2016 |
18000 |
18300 |
Apr 5-Apr 19, 2016 |
19000 |
|
Apr 22-Apr 29, 2016 |
19600 |
|