India: Bid price rises at Vizag Steel’s pooled iron auction

At Vizag Steel’s pooled iron auction on 16 Jul’21, the entire quantity of 3,150 t on offer got booked at INR 33,600 /t exw. As per sources, the bid price increased by INR 500/t compared to the previous auction. At the previous pooled iron auction on 10 Jul, bids closed at INR 33,100/t exw.


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