Govt. owned – Steel Authority of India Ltd (SAIL) conducted an auction for around 1,000 t (0-3 & 3-10mm) silico manganese on 27 Feb ’21 from its Chandrapur Ferro Alloy Plant, Maharashtra. Nearly 50% of the offered quantity was booked. 0-3mm sized material was booked at INR 47,660/t and 3-10mmat INR 60,360/t exw. In the previous auction on 17 Feb ’21, out of 1,000 t put for auction only 400 t of 3-10mm sized material was booked at INR 55,650/t.
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