Steel Authority of India Ltd (SAIL) held an auction for 9,500 t of basic grade pig iron on 9 Dec’21 from the Rourkela Steel Plant (RSP) in Odisha. Buyers actively participated and booked the entire offered quantity at a weighted average price of INR 36,150/t exw. Bid prices decreased by INR 300/t in comparison with the previous auction on 3 Dec.
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