India: Bids remain stable in latest SAIL-BSP auction

SAIL-BSP conducted an auction for 1,950 t of steel-grade pig iron on 19 Feb’26, with the entire volume booked at an average price of INR 37,400/t ex-works. Prices remained stable compared to the 9 Feb’26 auction, where 2,990 t were fully sold at INR 37,400/t, following an INR 550/t increase in the preceding auction.


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