At Vizag Steel’s pooled iron auction on 21 Aug’21, the entire quantity of 3,500 t on offer got booked at INR 34,000 /t, exw. The bid price decreased by INR 500/t compared to the previous auction. At the previous pooled iron auction for a similar quantity on 11 Aug, bids rose by INR 500/t. The auction closed at INR 34,500/t exw, as per SteelMint reports.
Leave a Reply