Govt owned steelmaker – SAIL has scheduled an auction for 8,650 t of basic grade pig iron on 09 Jan ’21 from its Bhilai Steel Plant, Chhattisgarh. The previous auction conducted on 30 Dec for 8,000 t was concluded at a weighted average price of INR 35,300/t exw. In Dec ’20, SAIL-BSP sold over 27,300 t pig iron in the local market.
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