State-owned steel major SAIL conducted an auction for 15,000 t prime steel grade pig iron on 23 Nov’20 from its Bhilai Steel Plant (BSP). The entire quantity was booked at a weighted price of INR 30,250/t (exw), sources told SteelMint. Bids increased by INR 250/t compared to the previous BSP pig iron auction conducted on 12 Nov’20.
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