SAIL held an auction for 2,300 t of basic grade pig iron (in 23 units) on 13 Nov’21 from the Rourkela Steel Plant (RSP) in Odisha. Buyers booked the entire 23 units at a weighted average price of INR 41,700/t exw, sources informed SteelMint. Bid prices decreased by INR 1,550/t in comparison with the previous auction on 8 Nov.
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