Vizag Steel conducted an auction for 3.100 t pooled iron on 19 Oct’20. The entire material was booked at around INR 24.600/t exw which is INR 800/t down from the previous auction conducted on 10 Oct’20 for 4,000 t. Last auction fetched bids at around INR 25,400/t exw which is pending for approval from company’s management.
Leave a Reply