India: Prices decrease by INR 8,200/t at SAIL-BSL pig iron auction

Steel Authority of India Ltd. (SAIL) held an auction for 2,000 t (one rake) of steel grade pig iron on 25 May 2022 from the Bokaro Steel Plant (BSL). Buyers booked the entire quantity at INR 45,250/t exw. The company’s auction, conducted on 11 May, witnessed buyers to book material of 6,000 t at INR 53,450/t exw.


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