Category: Pig Iron
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India: SAIL-RSP pig iron auction prices decline by INR 500/t
Sluggish finished steel demand weighs on market sentiment Buyers remain cautious at higher offers, pulling bids down SAIL-Rourkela Steel Plant (RSP) conducted a pig iron auction on 28 September, offering 5,000 t, with the entire quantity booked at an average price of INR 41,400/t. The auction price declined by INR 500/t compared with the previous…