India’s largest steel producer, Steel Authority of India Ltd (SAIL), held an auction for pooled iron scrap on 9 Dec’22 from its Bhilai-Chhattisgarh unit. As per sources, 2,210 t of iron scrap (pooled iron) were sold at 38,200/t ex-work. SAIL-BSP is India’s first and main producer of steel rails, as well as a major producer of wide steel plates and other steel products.
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