Category: Pig Iron
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India: SAIL-RSP Pig Iron auction buying interest strengthens amid tight supply
Full booking at INR 37,600/t reflects stronger buying interest. Tight supply and improved finished demand support sentiment. SAIL-Rourkela Steel Plant (RSP) conducted a pig iron auction on 20 August, with the entire offered quantity of 2,500 t booked at INR 37,600/t, up INR 50/t from the previous auction. This marks a clear improvement from the…