Author: Manish Vasdev
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India: SAIL Lowers Pig Iron Auction Base Price by INR 450/MT
Steel Authority of India Ltd (SAIL) – a govt. owned steel producer conducted auction for around 7,900 MT steel grade pig iron today from its Rourkela Steel plant (eastern India). The auction received moderate response as only about 40% material was sold despite decline in base price. As per sources report, in today’s auction, the…