India:SAIL books 12,000 t of silico manganese at reverse auction

SAIL’s Bhilai Steel Plant (BSP) concluded a reverse auction for 12,000 t of low-phosphorus silico manganese on 4 Dec’21. The material was booked at INR 130,150/t. The price was inclusive of GeM portal and GST charges and, after deduction, the net realisation for the seller stood at INR 110,296/t delivered to plant, SteelMint learnt from sources.


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