State-owned SAIL has concluded a reverse auction for 15,100 t of silico manganese (60-15, size:25-50mm) for its Durgapur Steel Plant, West Bengal, on 31 Jan’23. The material was booked at around INR 87,715/t on FOR basis, inclusive of GST and GEM portal charges. After realisation, prices are at around INR 74,000/t FOR, excluding GST and GEM portal charges, sources informed.
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