India: Bids rise in Vizag Steel’s pooled iron auction

At Vizag Steel Plant’s auction for 3,500 t of pooled iron on 11 Aug’21, buyers booked 3,500 t at a weighted average price of INR 34,500/t exw, sources informed SteelMint. Bids increased by INR 500/t compared to the previous auction on 2 Aug.


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