India: SAIL-BSP to auction 8,000 t of commercial rails on 5 Feb

Steel Authority of India Ltd. (SAIL) will conduct an auction for 8,000 t (60 kg) of full-length commercial rails from its flagship Bhilai Steel Plant (BSP) in Chhattisgarh on 5 Feb’22. At the previous SAIL-BSP rails auction on 20 Jan, buyers booked 6,500 t (60 kg) rails at a weighted average price of INR 41,450/t exw, as per SteelMint reports.


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