India: Entire quantity booked at SAIL-IISCO pig iron auction

  • SAIL conducted an auction for 2,000 t of steel grade pig iron on 4 July from IISCO Steel Plant in Burnpur. Buyers booked the entire quantity at a weighted average price of INR 44,500/t exw.
  • Bid prices were almost stable compared to the previous auction held on 30 June.

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