At SAIL’s basic grade pig iron auction from the Bhilai Steel Plant (BSP) today, buyers booked the entire quantity of 3,000 t at a weighted average price of INR 44,030/t exw, sources informed SteelMint. Bid prices increased by INR 5,280/t compared to the previous auction on 6 Jan in which 6,000 t of pig iron had been booked at INR 38,750/t exw.
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