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 8 Oct’25 for 3,200 t of steel-grade pig iron, in which the entire quantity was booked at an average price of INR 32,350/t exw. This marked a decrease of INR 250/t compared to the previous auction on 20 Sep, in which a total quantity of 5,500…