India: Bids rise by INR 900/t ($12) at SAIL-RSP pig iron auction

State-owned SAIL’s Rourkela Steel Plant (RSP) conducted an auction for 6,000 t steel grade pig iron on 05 Dec’20. Buyers booked the entire quantity at a weighted price of INR 29,950/t (ex-works), SteelMint learned from sources. Bids increased by INR 900/t compared to the previous auction conducted on 27 Nov’20.


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