India: Bids shoot up by INR 3,400/t ($46) in Vizag Steel’s pooled iron auction

In Vizag Steel’s pooled iron auction held on 06 Apr’21, the entire material of 1,000 t was booked at INR 37,150/t exw. The bid price was INR 3,400/t higher compared to the last auction conducted by the steelmaker for the same quantity on 25 Mar’21 which was concluded at INR 33,750/t exw.


Comments

Leave a Reply

Your email address will not be published. Required fields are marked *