Govt. owned – Steel Authority of India Ltd (SAIL) conducted an auction today for 4,900 t (steel grade) pig iron from its Rourkela Steel Plant, Odisha. Buyers booked the entire quantity at weighted average price of INR 35,150/t exw. In the previous auction from RSP conducted on 15 Feb ’21, entire quantity 4,500 t was booked at a weighted average price of INR 32,050/t exw.
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