SAIL held an auction for 4,000 t (two rakes) of steel grade pig iron on 8 Jun’22 from Bokaro Steel Plant (BSL). Buyers booked the entire quantity at a weighted average price of INR 43,000/t exw. Bid prices increased by INR 250/t against the previous auction from the plant. In another auction on the same day from the Durgapur Steel Plant, 1,500 t (in 15 units) of pig iron was booked at a weighted average price of 43,100/t exw.
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