India: Bids in Vizag Steel’s pooled iron auction up by INR 1,100 ($15)

Vizag Steel conducted an auction for 4,000 t pooled iron on 10 Oct’20. The auction received good participation as entire material was booked at around INR 25,400/t exw. The last auction conducted on 03 Oct’20 for 3,000 t fetched bids at around INR 24,300/t exw.