India: Bids increase by INR 700/t ($9.42) in SAIL’s ISP pig iron auction

SAIL IISCO Steel Plant conducted an auction for 1,000 t OG(basic) grade pig iron today. Buyers booked entire offered quantity at a weighted price of INR 30,030/t exw, sources reported to SteelMint. Bids increased by INR 700/t ($9.42) compared to the previous auction conducted on 11 Nov’20.


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