India: SAIL-RSP pig iron auction receives active reponse

  • SAIL-Rourkela Steel Plant held an auction for 2,500 t of steel grade pig iron on 16 Sep’22. Around 2,400 t (96%) was booked at an average price of INR 43,488/t exw.
  • In the previous auction conducted on 10 Sep’22 for the same grade, out of 2,000 t put on offer, 1,000 t was booked at an average price of INR 43,550/t exw.

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