India: Bid price increases by INR 850/t ($11) in Vizag Steel’s pooled iron auction

In Vizag Steel’s pooled iron auction held on 25 Mar’21, the entire material of 1,000 t was booked at INR 33,750/t exw, which is INR 850/t higher compared to the last auction conducted by the steelmaker for the same quantity on 15 Mar’21 which was concluded at INR 32,900/t exw.


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