Author: Rounak Gairarey
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India: SAIL Increases Base Price in Pig Iron Auction; Entire Quantity Booked
SAIL pig iron auction from Rourkela Steel Plant (RSP) fetched bids higher by INR 750-900/MT (USD 10-13) over the set base price. SAIL (Steel Authority of India Limited) conducted auction for around 2,500 MT steel grade pig iron today from its Rourkela Steel plant (eastern India). The auction received quite good response as entire quantity…