Category: Pig Iron
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India: SAIL-BSP pig iron auction records higher realisation amid tight domestic supply
Auction prices rose by INR 1,500/t, supported by firm buyer participation. Tight domestic availability continued to underpin pig iron market sentiment despite weak demand. SAIL-BSP successfully concluded its auction for 4,940 t of steel-grade pig iron on 21 July 2026, with the entire offered quantity booked at an average price realisation of INR 38,000/t exw.…