Bharat Heavy Electricals Limited (BHEL) concluded a reverse auction for 10 t of ferro vanadium (V;50% min, low phosphorus, low sulphur) on 13 Feb’23. The material was booked at around INR 2,199,510/t FOR, inclusive of all taxes. Excluding GST and GEM portal charges, prices were at around INR 1,854,718/t FOR, sources informed.
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