India: Bids surge by INR 2,900/t in SAIL-BSP’s pig iron auction

SAIL-BSP held an auction for 910 t of steel-grade pig iron on 27 Dec’25, out of which the entire quantity was booked at an average price of INR 33,900/t exw. Bids increased by INR 2,900/t from the previous auction, conducted on 24 Oct for 910 t of steel-grade pig iron, in which the entire volume was booked at an average price of INR 31,000/t exw.


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