IOCL held two auctions for D-shaped cylinder scrap on 21 Nov’22 from its Muzaffarpur, Bihar and Kondapalli, Andhra Pradesh units. At auction from Muzaffarpur unit, 200 t of the material was sold at INR 38,500/t exw while 200 t was booked at INR 37,400/t exw from Kondapalli unit. Auctions for D-shaped cylinder scrap are regularly held by IOCL in various locations across India.
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