Steel Authority of India Ltd (SAIL) held an auction for 4,000 t of basic grade pig iron (in 40 units) on 17 Feb’22 from the Rourkela Steel Plant (RSP). Buyers booked the entire quantity at a weighted average price of INR 46,100/t exw, sources informed SteelMint. Bid prices decreased by INR 1,000/t in comparison with the previous auction from RSP on 9 Feb.
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