Steel Authority of India Ltd (SAIL) held an auction for 6,000 t of basic grade pig iron (in 60 units) on 26 May 2022 from the Rourkela Steel Plant (RSP). Buyers booked 20% of the material, equivalent to 1,200 t, at a weighted average price of INR 44,300/t exw, sources informed. Bid price decreased by around INR 6,500/t against the previous auction held on 20 May.
Leave a Reply