Author: Manish Vasdev
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India: Drop in pig iron allocations at SAIL auctions in July’21 drives prices higher
Sales of pig iron at auctions conducted by PSU steel major SAIL fell around 11% month-on-month to a little over 30,000 t in July’21 as against 34,050 t in June. However, sales declined sharply by 60% compared with 78,700 t in May, SteelMint data shows. Pig iron sales at auctions plunged in June and July,…