India: SAIL-BSP schedules 3,050 t iron scrap auction

Stated-owned steel major SAIL has scheduled an auction for 3,050 t of iron scrap from its Bhilai Steel Plant (BSP) on 30 Sep’21. As per sources, the material is of high quality, with around 85-90% Fe recovery. At the previous auction conducted on 20 Sep, a total of 5,120 t of bookings were concluded at a weighted average price of INR 37,150/t exw.


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