Author: Sagar
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India: Entire quantity booked at SAIL-IISCO pig iron auction
SAIL conducted an auction for 2,000 t of steel grade pig iron on 4 July from IISCO Steel Plant in Burnpur. Buyers booked the entire quantity at a weighted average price of INR 44,500/t exw. Bid prices were almost stable compared to the previous auction held on 30 June.