Author: Manish Vasdev
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India: SAIL Pig Iron Auction Receives Improved Response on Reduced Base Price
SAIL (Steel Authority of India Limited) conducted auction for around 5,300 MT steel grade pig iron today from its Rourkela Steel plant (eastern India). The auction received improved response on reduce base price by around INR 600/MT (USD 9). As per sources, in today’s auction the company had kept base price at around INR 24,200/MT…