India: SAIL-RSP’s pig iron auction receives active response

SAIL-Rourkela Steel Plant (RSP) held an auction for 5,000 t of steel grade pig iron on 31 May’24. The entire quantity was booked at an average price of INR 39,700/t exw. The last auction was conducted for 4,000 t of steel grade pig iron on 25 May’24 in which entire quantity was booked at an average price of INR 40,800/t exw.