At SAIL’s pig iron auction from Bokaro Steel Plant held on 15 Sept’21, the entire material of 6,850 t (three rakes) was booked at INR 40,630/t exw. The bid price was INR 3,400/t higher compared to the last auction conducted by the steelmaker for two rakes of basic grade pig iron on 1 Sept, which was concluded at INR 37,200/t exw.
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