Author: Sagar
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India: SAIL-BSL’s 2,000 t pig iron auction fails to receive bid
SAIL-Bokaro Steel Plant held two auctions of steel grade pig iron on 24 Aug’22. At the first auction, no bid was placed for the quantity of 2,000 t (1 rake) with base price at INR 45,000/t exw. However, in another auction for 150 t, the entire quantity was booked at an average price of INR…