rail auction result

India: 6,600 t of rails booked at SAIL-BSP’s auction

SAIL-BSP conducted an auction for 10,100 t of full-length commercial rails (60 kg and 52 kg) on 17 Feb’23. Buyers booked 6,600 t which was 66% of total material. About 6,500 t of 60 kg rails were sold at INR 41,500/t ex-works while 100 t of 52 kg rails received bids at INR 72,000/t ex-works, sources informed.


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