PSU steel major SAIL held an auction from its Bhilai Steel Plant (BSP) for 10,650 t pig iron on 21 Apr ’21. The entire quantity was booked at a weighted average price of INR 39,300/t exw, recording a rise of INR 3,200/t compared to the previous auction held by BSP. The last auction conducted on 18 Mar for similar quantity was concluded at a weighted average price of INR 36,100/t exw.
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