SAIL held an auction for 3,000 t of basic grade pig iron on 16 Jul’21 from its Rourkela Steel Plant (RSP) in Odisha. Buyers booked the entire quantity at INR 37,150/t exw, sources informed SteelMint. Bid prices increased by INR 950/t ($12) compared to the previous auction on 9 Jul, which was concluded at a weighted average price of INR 36,200/t exw.
Leave a Reply