India’s largest steel producer, Steel Authority of India Ltd (SAIL), held an auction for pooled iron scrap on 21 Nov’22 from its Bhilai-Chhattisgarh unit. As per sources, 2,500 t of scrap (pooled iron) sold at 36,000-36,100 t exw. SAIL-BSP is India’s first and main producer of steel rails, as well as a major producer of wide steel plates and other steel products.
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