Intel Details

India: Vedanta-ESL concludes 2,000 t pig iron auction

Pig Iron
7 May 2022, 17:49 IST
Steel Mint Intel

  • Vedanta-ESL conducted an auction for 1,800-2,000 t of steel grade pig iron on 7 May'22. The auction was concluded at around INR 56,500-57,000/t exw-Bokaro, Jharkhand.
  • Pig iron prices in the domestic market remained under pressure on improved supply, falling export realisations and declining steel prices. Current offers in Durgapur are reported at INR 57,000/t exw.

7 May 2022, 17:49 IST
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