State-owned Steel Authority of India Ltd (SAIL) will conduct an auction for 14,500 t (60 kg) of full-length commercial rails from its flagship Bhilai Steel Plant (BSP) in Chhattisgarh on 7 Dec’21. At the previous SAIL-BSP rails auction held on 25 Nov, buyers booked 8,000 t (60 kg) rails at a weighted average price of INR 37,100/t exw, as per SteelMint reports.
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