India: SAIL to auction 18,350 t pig iron from Bhilai and Bokaro steel plants

State-owned SAIL has scheduled two auctions for a total of 18,350 t of pig iron. The first auction will be held on 9 Jun’21 for 9,700 t from Bokaro Steel Plant, while the second auction is scheduled for 10 Jun from Bhilai Steel Plant for 8,650 t of pig iron. The previous auction from Bokaro was concluded at INR 37,200/t, exw, while the auction from Bhilai received bids at INR 37,900/t, exw, as per SteelMint reports.


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