SAIL conducted auction for 7,800t basic grade pig iron from IISCO Steel Plant, West Bengal. The auction received active participation with entire quantity (7,800t by rakes) booked at around INR 22,050-22,850/t EXW. Bids have come down by INR 1,000/t against the last auction on 12 Jun’20 for 7,600t pig iron.
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