Author: Piyush S Verma
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India: No Bids Received in SAIL Pig Iron Auction
Steel Authority of India Ltd (SAIL) – a govt. owned steel producer conducted auction for around 6,100 MT steel grade pig iron today from its Rourkela Steel plant (eastern India). The auction received weak response as entire offered quantity remained unsold. As per sources, in today’s auction the company has kept base price similar to…