Author: Manish Vasdev
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India: Buying Interest Retreats in SAIL’s Pig iron Auction Amid High Base Prices
Steel Authority of India Ltd (SAIL) – state owned Indian steel maker conducted auction today (27th Dec’18) for sale of about 10,000 MT Steel grade Pig iron from its Rourkela Steel plant (RSP) in eastern India. In this auction, most of the buyers didn’t participated as base price was quite high than their expectations. As…