SAIL’s pig iron auction for 1,000 basic grade, conducted today (24 Dec ’20) from Durgapur Steel Plant (DSP) was booked at INR 34,300 /t exw. Bids increased by INR 650/t compared to the previous auction on 18 Dec. The previous auction for 700 t was concluded at a weighted average price of INR 33,650/t exw.
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