State-owned SAIL has concluded a reverse auction for 18,500 t of silico manganese (60-15, size:25-50mm) for its IISCO Steel Plant, Burnpur, West Bengal on 9 Nov’22. The material was booked at around INR 68,830/t on FOR basis (inclusive of GEM portal charges). The ex-plant realisation was at around INR 68,185/t, sources informed.
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