Author: Manish Vasdev
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India: SAIL Pig Iron Auction Receives Improved Response After Base Price Cut
SAIL conducted auction for around 3,500 MT steel grade pig iron today from its Rourkela Steel plant (eastern India). The auction received quite good response as close to 55% material was booked. As per sources, in today’s auction the company had reduced base price by INR 1,200/MT to INR 25,400/MT (USD 371) as against last…