Govt. owned – Steel Authority of India Ltd (SAIL) conducted an auction today for 10,200 t (steel grade) pig iron from its Rourkela Steel Plant, Odisha. Buyers booked the entire quantity at a weighted average price of INR 35,100/t exw. In the previous auction from RSP conducted on 13 Mar for 10,000 t pig iron was concluded at a weighted average price of INR 35,550/t exw.
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