Author: Lipsita Nayak
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India: Bids inch down at SAIL-RSP pig iron auction
SAIL-RSP sees weak auction offtake, with only 50% booked Subdued downstream demand continues to limit procurement interest. SAIL-Rourkela Steel Plant (RSP) conducted a pig iron auction on 14 August, witnessing weaker participation compared with the previous auction held on 8 August. Against the scheduled quantity of 5,000 t, only 50% that is 2,500 t of…