Sunflag Iron and Steel Co Ltd, located in Bhandara, Maharashtra, has conducted an auction for 3,000 t (200×15 lots) of steel grade pig iron on 10 June 2022, of which buyers booked only 800 t (200×4 lots) at a weighted average price of INR 43,000/t exw. At the company’s previous auction held on 2 June, 2,500 t of the material was booked at a weighted average price of INR 42,900/t exw.
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