India: Bids drop by INR 580/t at SAIL’s Bokaro pig iron auction

At SAIL’s pig iron auction from Bokaro Steel Plant held on 22 Sep’21, the entire material of 4,000 t (two rakes) was booked at INR 40,050/t exw. The bid price dropped by INR 580/t compared to the last auction conducted on 15 Sep. In another auction from IISCO Steel Plant, single lots of around 500 t were booked at INR 39,600/t exw.


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