Category: Pig Iron
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Pig iron sales at SAIL auctions fall by over 20%, m-o-m; prices climb to record highs
Sales of basic pig iron fell by over 20% at auctions conducted by state-owned steelmaker SAIL in Feb’22 to 27,900 tonnes (t) from nearly 36,000 t in Jan, SteelMint data show. However, demand remained firm throughout the month even as prices climbed to near-record highs at auctions. Notably, prices rose to an all-time high at…