India: Bids rise in SAIL-RSP’s latest pig iron auction

SAIL’s Rourkela Steel Plant (RSP) conducted an auction on 3 Nov’25 for 4,000 t of steel-grade pig iron, in which the entire quantity was booked at an average price of INR 31,700/t exw. This marks an increase of INR 1,150/t compared to the previous auction on 24 Oct, in which the entire quantity of 3,800 t was sold at INR 30,550/t exw.


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