MMTC floats tenders for pig iron exports by NINL

State-run trading company Metals and Minerals Trading Corporation of India (MMTC) has invited global tenders from interested foreign buyers for export of non-alloy pig iron. The pig iron has been produced by public-sector steel company Neelachal Ispat Nigam Ltd (NINL), in which MMTC is the largest equity holder.
 

The exports of pig iron of up to 30,000 tonnes would be canalised through MMTC. The material is to be shipped through the Paradip port. In FY17, NINL produced 0.51 million tonnes of pig iron and sold 0.5 million tonnes (mt).

In the first two months of 2017-18, NINL's pig iron sales