India: Bids edge up in SAIL-RSP’s latest pig iron auction

SAIL’s Rourkela Steel Plant (RSP) conducted an auction on 22 Jul’25 for 2,500 t of steel-grade pig iron in which the entire quantity was booked at an average price of INR 32,450/t exw – an increase of INR 250/t compared to the previous auction on 11 Jul in which the total quantity of 3,500 t was sold at INR 32,200/t exw.


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