PSU steelmaker SAIL held an auction for 3,100 t of basic grade pig iron (in 31 units) on 2 Feb’22 from the Rourkela Steel Plant (RSP) in Odisha. Buyers booked the entire 31 units at a weighted average price of INR 47,620/t exw, sources informed SteelMint. Bid prices increased by INR 5,270/t in comparison with the previous auction held on 18 Jan.
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