Steel Authority of India Ltd (SAIL) held an auction for 3,500 t of steel grade pig iron on 29 April 2022 from the Durgapur Steel Plant (DSP). Buyers booked the entire quantity at a weighted average price of INR 57,250/t exw, sources informed SteelMint. At the company’s previous auction conducted on 14 April, buyers booked 2,500 t of similar grade material at INR 57,500/t exw.
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