Author: Rounak Gairarey
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India: SAIL pig iron auction sales volumes up 35% m-o-m in Aug’21
Pig iron sales at auctions conducted by PSU steelmaker SAIL increased by over 35%, m-o-m, to nearly 45,000 t in Aug’21 compared to a little over 30,000 t in Jul. However, prices came under a cloud due to weak finished steel outlook, SteelMint notes. Allocations for auctions by the steel major still remained substantially lower…