SAIL has scheduled an auction for 4,800 t of steel grade pig iron (in 48 units) from Rourkela Steel Plant (RSP) on 8 Nov’21. At the previous auction on 9 Oct, 3,300 t of material was booked at a weighted average price of INR 44,100/t exw. Bid prices decreased by INR 300/t in comparison with the previous auction on 1 Oct.
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