Author: Lipsita Nayak

India: Bids decline by INR 900/t in SAIL-RSP’s latest pig iron auction

Mar 6, 2026

—

by

Lipsita Nayak

in Pig Iron

SAIL’s Rourkela Steel Plant (RSP) auctioned 2,200 t of steel-grade pig iron on 06 Mar’26, with the entire quantity sold at an average INR 38,200/t exw. Prices declined by INR 900/t compared with the 13 Feb’26 auction, where 1,700 t were booked at an average INR 39,100/t exw.