India: Buyers book entire quantity in SAIL-RSP’s pig iron auction

SAIL-Rourkela Steel Plant (RSP) conducted an auction on 19 Oct’24 for 3,000 t of steel-grade pig iron, in which the entire volume was sold at an average price of INR 36,800/t exw. Earlier, on 15 Oct, RSP auctioned 3,000 t of steel-grade pig iron, in which only 700 t were booked at an average price of INR 38,500/t exw.


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