India: Bids drop by INR 400/t at SAIL’s BSP pig iron auction

  • SAIL-Bhilai Steel Plant conducted an auction for 3,000 t of steel grade pig iron on 26 Sep’22. The entire quantity was booked at an average price of INR 43,560/t.
  • In the previous auction held on 20 Sep’22, 1,500 t of the same grade material was booked at an average price of INR 43,983/t exw.

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