Author: Manish Vasdev
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India: SAIL Pig Iron Auction Receives Decent Response as Furnaces’ Resumption Nears
SAIL conducted an auction for 4,000 MT basic grade pig iron from its Rourkela Steel Plant (RSP). The auction received good response as the entire quantity was booked at INR 23,400-23,500/MT EXW. Bid price increased by INR 900/MT against last auction which was held on 23rd May’20 for 3,000 MT and was settled at a…