Author: Harshit Tiwari
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India: Bids drop in SAIL-RSP’s latest pig iron auction
SAIL’s Rourkela Steel Plant (RSP) conducted an auction on 29 Nov’25 for 7,000 t of steel-grade pig iron, in which the entire quantity was booked at an average price of INR 31,950/t exw. This marks a drop of INR 200/t compared to the previous auction on 14 Nov, in which the entire quantity of 2,500…