India Steel Market Watch
November 9: Pig iron offers showed a sliding trend on low buying support from foundries and steel producers in the market.
Current pig iron offers were in the range of Rs 24,300 - 25,000 per ton.
RINL is offering pig iron at Rs 19,125 per ton (inclusive ED) in November 2015 as against the same prices in October 2015.
Following are pig iron offers in the domestic markets:
Market |
Prices as on 10.10.2015 |
Prices as on 10.17.2015 |
Prices as on 10.23.2015 |
Prices as on 10.31.2015 |
Prices as on 11.07.2015 |
Weekly change from 10.31.2015 |
Monthly Change from 10.10.2015 |
Pig Iron |
|||||||
Batala |
|
25200 |
25000 |
24800 |
24400 |
-400 |
N/A |
Jalandhar |
|
25300 |
25100 |
24700 |
24300 |
-400 |
N/A |
Ludhiana |
|
25500 |
24500 |
25000 |
24700 |
-300 |
N/A |
Hydrabad |
|
|
|
|
|
N/A |
N/A |
Gaziabad |
|
26000 |
26000 |
25500 |
25000 |
-500 |
N/A |
Source: Traders