Author: Rounak Gairarey

SAIL’s Pig iron Auction Receives Subdued Response on Anticipation That Prices May Fall

May 31, 2018

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by

Rounak Gairarey

in Pig Iron

Indian state owned steel maker Steel Authority of India Ltd (SAIL) pig iron auction fetched weak response on anticipation that prices may correct. SAIL had scheduled an auction for sale of about 7,400 MT steel grade pig iron from its Rourkela plant. The auction’s bid due date was scheduled today i.e. 31st May 2018. As…