Author: Manish Vasdev

SAIL conducted auction for 9,350 MT steel grade pig iron today in which it further raised base price by INR 100/MT against last auction. As per participants in today’s auction only about 1,500 MT (16%) material was booked at base price of INR 27,450/MT (ex-plant), while remaining about 7,850 MT (84%) material failed to fetch…