Author: Abhishek Bhalla
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India: Bids in SAIL Defective Billet Auction Fall Upto INR 500/MT (USD 7)
Steel Authority of India Limited (SAIL), conducted auction from its central India based Bhilai Steel Plant (BSP) for defective steel products on 24th Jul’19. Out of 45,257.53 MT steel put up for auction, only 5,007.4 MT (11%) material was sold out which is also lower by 54% as against last auction considering equivalent quantity. The…