At SAIL’s auction for 6,000 t of basic grade pig iron from its Bhilai Steel Plant (BSP) in Chhattisgarh on 22 Jul’21, buyers booked 5,900 t at a weighted average price of INR 37,900/t exw, sources informed SteelMint. Bids increased by INR 650/t ($8) compared to the previous auction on 10 Jul, which was concluded at a weighted average price of INR 37,250/t exw.
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