State-owned, Steel Authority of India Ltd. is going to auction 1,100 t (0-3 & 3-10mm) silico manganese (SiMn) from its Chandrapur Ferro Alloy Plant, Maharashtra on 17 May ’21. The previous auction conducted on 31 Mar ’21 received limited response. Out of 1,500 t SiMn, buyers booked only 400 t at INR 55,100/t (0-3mm) exw and at an average bid price of INR 71,250/t (3-10mm) exw.
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