India: SAIL-RSP pig iron auction sees partial bookings; bids fall INR 200/t

SAIL-RSP auctioned 5,000 t of steel-grade pig iron on 28 May’26, with only 1,600 t booked at an average price of INR 37,550/t ex-works. Bids declined by INR 200/t compared to the previous auction held on 21 May’26, where 4,500 t were sold at INR 37,750/t ex-works.


Comments

Leave a Reply

Your email address will not be published. Required fields are marked *