At SAIL’s auction for 8,000 t of basic grade pig iron on 22 Sep’21 from Bhilai Steel Plant (BSP), the entire quantity was booked at a weighted average price of INR 40,150/t exw. Bid prices increased by INR 2,000/t ($27/t) compared to the previous auction on 14 Sep, which had concluded at a weighted average price of INR 38,150/t exw.
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