Author: Manish Vasdev
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India: SAIL Reduced Base Prices for Pig Iron Auction; Receives Moderate Response
Steel Authority of India Ltd (SAIL) – state owned Indian steel maker conducted auction today (5th Jan’19) for sale about 9,400 MT Steel grade Pig iron from its Rourkela Steel plant (RSP) in eastern India. In the auction held today, the producer has cuts base prices by INR 750/MT (USD 11) to INR 27,200/MT than…