Govt. owned – Steel Authority of India Ltd (SAIL) conducted an auction today for 4,000 t (steel grade) pig iron from its Rourkela Steel Plant, Odisha. Buyers booked the entire quantity at a weighted average price of INR 35,450/t exw. In the previous auction from RSP conducted on 20 Mar, the entire quantity 10,200 t was concluded at a weighted average price of INR 35,100/t exw.
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