Category: Pig Iron
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India: SAIL-RSP’s pig iron auction sees lower bids amid cautious buying
Weak billet demand weighs on auction results Alternative raw material shortages keep downside limited In SAIL-RSP’s latest steel-grade pig iron auction, 6,100 tonnes (t) were booked out of the 10,500 t offered in its auction on 27 July 2026, with the booked quantity sold at the base price of INR 37,250/t ex-works. The auction witnessed…