Govt owned steelmaker – SAIL has scheduled an auction for 8,550 t (2,850 t x 3 rakes) of basic grade pig iron on 16 Dec ’20 from its Bokaro Steel Plant, Jharkhand. The previous auction conducted on 09 Dec for 5,700 t (2,850 t x 2 rakes) was concluded at a weighted price of INR 31,200/t exw. In Dec ’20, SAIL-Bokaro sold 20,000 t pig iron in the merchant market from its last two auctions.
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