Author: Manish Vasdev
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India: SAIL’s Pig Iron Auction Receives Weak Response Despite Reduction in Base Prices
Indian state owned steel maker Steel Authority of India Ltd (SAIL) had scheduled an auction today (12th Nov’18) for sale of about 5,200 MT steel grade pig iron from its Rourkela Steel plant (RSP). As per participants, RSP received dull response even though the company had cut base prices as against previous auction held on…