SAIL’s Rourkela Steel Plant (RSP) conducted an auction for 8,000 t of steel-grade pig iron on 19 May’25 in which 1,900 t was booked at a base price of INR 32,000/t exw. This shows a decline of INR 800/t compared to the previous auction on 13 May in which 1,500 t was sold at INR 32,800/t exw.
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