India: Bids rise by INR 1,500 in SAIL’s defective steel auction

SAIL conducted an auction for defective steel products yesterday from its Bhilai Steel Plant (BSP). The auction for 10,500 t defective bloom fetched bids at INR 22,450-23,550/t, EXW Bhilai, higher by INR 1,500/t as against its last auction held on 08 Jul’20.


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