Govt. owned – Steel Authority of India Ltd (SAIL) conducted an auction on 13 Mar’21 for 10,000 t (steel grade) pig iron from its Rourkela Steel Plant, Odisha. Buyers booked the entire quantity at a weighted average price of INR 35,550/t exw. The previous auction from RSP conducted on 5th Mar for 8,500 t pig iron was also concluded at the same price range i.e. INR 35,550/t exw.
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