Author: Sagar
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India: Tata Steel’s Pig Iron Auction Receives Poor Response on High Base Price
TATA Steel’s pig iron auction of 1,200 MT from its Bhushan Steel Plant received no participation due to higher base price, SteelMint learned from market sources. The producer had offered 4 lots of steel grade pig iron of 300 MT each at a base price of INR 23,500/MT (USD 327) Ex-works Angul, Odisha. However there…