Author: Sagar
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India: SAIL’s RSP pig iron auction receives no response
SAIL held an auction for 1,000 t of basic grade pig iron on 5 July from Rourkela Steel Plant (RSP). However, buyers showed no interest due to higher base price at INR 45,800 exw. In the previous auction held on 28 June, out of 1,600 t offered only 50 t was booked at INR 45,800/t…