Author: Sagar
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India: Bids rise by INR 650/t at SAIL-BSL pig iron auctions
SAIL held two auctions for steel grade pig iron on 13 July from Bokaro Steel Plant (BSL). At the first auction for 2,000 t (1 rake), buyers booked the entire quantity at INR 46,100/t exw. In another auction for 150 t (delivery by road), the entire quantity was booked at INR 46,200/t exw. Bid prices…