Category: Pig Iron

Scrap shortage and higher replacement costs support pig iron demand. Full clearance at INR 38,200/t reflects firm buyer acceptance. SAIL-Bhilai Steel Plant (BSP) conducted a pig iron auction, with the entire offered quantity of 2,470 t booked at an average INR 38,200/t exw, up INR 200/t from the previous auction held on 21 July. In…