Author: Manish Vasdev
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India: SAIL Pig Iron Auction Receives Limited Participation
SAIL (Steel Authority of India Limited) conducted auction for around 6,550 MT steel grade pig iron today from its Rourkela Steel plant (eastern India). The auction received weak response as only 17% material have been sold out amid unchanged base price. As per sources, in today’s auction the company had kept base price at around…