SAIL has scheduled an auction for 10,000 t of steel grade pig iron from Bhilai Steel Plant (BSP) in Chhattisgarh for 20 Dec’21. At the previous auction on 8 Dec, 5,000 t of pig iron was booked at a weighted average price of INR 37,400/t exw. However, the auction was not approved by the company’s management due to higher price expectations.
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