India: Bids in SAIL Bokaro pig iron auction decline significantly

SAIL held an auction for 8,550 t (2,850 t x 3 rakes) of basic grade pig iron on 25 Jan ’21 from its Bokaro Steel Plant, Jharkhand. Entire material was booked at INR 30,200/t exw, sources reported to SteelMint. Bids declined by INR 5,000/t as compared to the previous auction conducted on 06th Jan.


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