India: Bids inch up by INR 100/t in SAIL’s BSP pig iron auction

PSU steel major SAIL held an auction from its Bhilai Steel Plant (BSP) for 10,650 t pig iron on 18 Mar ’21. The entire quantity was booked at a weighted average price of INR 36,100/t exw, recording a rise of INR 100/t compared to the previous auction held by BSP. The last auction conducted on 06 Mar for 8,650 t was concluded at a weighted average price of INR 36,000/t exw.


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