Author: Manish Vasdev
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India: SAIL Further Cuts Base Price in Pig iron Auction; Fetches Average Response
Steel Authority of India Ltd (SAIL) – India’s govt. owned steel maker conducted e-auction for 5,900 MT steel grade Pig iron today from its Rourkela Steel plant (RSP) located in eastern India. The company has sharply reduced base prices by INR 500/MT (USD 7) than the previous auction which was held on 20th Mar’19 for…