At Vizag Steel’s pooled iron auction on 27 Oct’21, the entire quantity of 1,600 t on offer got booked at INR 39,750/t exw. The bid price increased by INR 800/t compared to the previous auction. At the previous pooled iron auction for 1,550 t on 23 Sep, the entire quantity had been booked at INR 38,950/t.
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