SAIL held an auction for 9,000 t of basic grade pig iron (in 90 units) from the Rourkela Steel Plant (RSP) today in which the entire quantity was sold at a weighted average price of INR 47,100/t exw. Bid prices decreased by INR 500/t in comparison with the previous auction from RSP on 2 Feb. In another auction from the Bokaro Steel Plant (BSL), 150 t of pig iron was booked at INR 47,000/t exw.
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