India: Bids remain stable at pig iron auction by Bokaro-based mill

A Bokaro, Jharkhand-based private mill conducted an auction for 4,000-4,200 t of steel grade pig iron on 24 Nov’21. The auction was heard concluded at around INR 39,000-39,200/t ex-plant. The bids were more or less stable as compared to an earlier auction for 4,000 t on 22 Nov, which had concluded at INR 39,000-39,300/t ex-plant.


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