India: Bids decline by INR 700/t ($9) in SAIL RSP pig iron auction

SAIL Rourkela Steel Plant conducted an auction for 3,900 t steel grade pig iron, today. Buyers booked entire quantity at a weighted price of INR 29,100/t exw, sources reported to SteelMint. Bids decreased by INR 700/t compared to the previous auction conducted on 18 Nov ’20.


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