At SAIL’s auction for 8,000 t of basic grade pig iron from its Bhilai Steel Plant (BSP) in Chhattisgarh on 13 Aug’21, buyers booked the entire quantity at a weighted average price of INR 39,030/t exw, sources informed SteelMint. Bids were more or less stable compared to the previous auction on 3 Aug, which had got concluded at a weighted average price of INR 39,000/t exw.
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