SAIL held an auction for 4,800 t of basic pig iron (in 48 units) on 12 Apr’22 from the Rourkela Steel Plant (RSP). Out of the total material on offer, buyers booked around 3,200 t pig iron at INR 57,950/t exw. At the company’s previous auction on 5 April, buyers had booked 4,800 t of similar grade material at a weighted average price of INR 59,050/t exw.
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