India: Bids increase in recent SAIL’s ISP pig iron auction

SAIL conducted a 2,400t of grade pig iron auction yesterday from its IISCO steel plant (ISP) in West Bengal. The auction received good participation as entire material offered was booked at INR 24,300-24,800/t EXW. Last auction conducted on 17 Jun’20 for 7,800t pig iron was concluded around INR 22,050-22,850/t EXW.


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