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Foundry Exports Derailed By Pig Iron Price Hikes

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Our Bureau BUSINESS STANDARD
Last Updated : Jan 28 2013 | 1:39 AM IST

The export oriented foundries in West Bengal have picked up a fresh fight with pig iron manufacturers over frequent price increases which have derailed export plans and hampered bidding for export deals.

Foundry owners said repeated heavy price hikes over the last one year were rendering exports unviabale and uncompetitive in the international market.

Amal Banerjee, chairman, Indian Foundry Association (IFA), said,

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