Author: Manish Vasdev

India: SAIL Pig Iron Auction Receives Dull Response Despite Reduction in Base Price

Jul 5, 2019

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by

Manish Vasdev

in Pig Iron

SAIL conducted auction for around 3,800 MT steel grade pig iron today from its Rourkela Steel plant (eastern India). The auction received quite dull response as almost all material remained unsold, as per participants report with SteelMint. As per sources, in today’s auction the company had kept base price at INR 26,600/MT which is down…