Steel Authority of India Ltd. (SAIL) has conducted an auction for around 700 t (0-3/3-10mm) silico manganese yesterday from its Chandrapur Ferro Alloy Plant, Maharastra. The auction received limited participation as only 300 t (0-3mm) fetched bid at INR 34,500/t exw. Prior to this, in the previous auction conducted on 09 Oct’20, 200 t (3-10mm) lot was concluded at INR 48,850/t exw.
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