Neelachal Ispat Nigam Ltd (NINL) increased steel-grade pig iron offers by Rs 1,000 per ton to Rs 19,000 per ton ex-plant at Cuttack as against the previous Rs 18,000 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 400 per ton on purchases of 5,000 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 19, 2016.
Time period |
Steel grade (N1) Pig Iron |
Foundry grade (N2) Pig Iron for road despatches |
|
Dec 15-Dec 24, 2015 |
15200 |
15500 |
Dec 30, 2015-Jan 11, 2016 |
15700 |
16000 |
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 |
|