SAIL conducted an auction for 4,100 t of basic grade pig iron on 13 Apr ’21 from its Rourkela Steel Plant, Odisha. Entire quantity got booked at INR 38,330/t exw, sources reported to SteelMint. Bid price slightly dropped by INR 270/t compared to the previous auction conducted on 05 Apr in which 9,200 t of pig iron was concluded at INR 38,600/t exw.
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