India: SAIL-BSL’s 4,000 t pig iron auction fails to receive bid

SAIL-Bokaro Steel Plant held two auctions of steel grade pig iron on 31 Aug’22. At the first auction, no bids were received for the quantity of 4,000 t (2 rakes). In another auction, 150 t was booked at an average price of INR 44,100/t exw.

SAIL-Durgapur Steel Plant also held a 3,000 t pig iron auction on 30 Aug’22 which was concluded at an average price of INR 44,428/t exw.


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