PSU steelmaker SAIL held an auction for 8,000 t of basic grade pig iron (in 80 units) on 26 Mar’22 from the Rourkela Steel Plant (RSP) in Odisha. Buyers booked the entire 80 units at a weighted average price of INR 58,600/t exw, sources informed SteelMint. Bid prices decreased by INR 300/t in comparison with the previous auction on 21 March.
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