India: SAIL-BSP to auction 8,000 t of pig iron on 9 Nov

SAIL has scheduled an auction for 8,000 t of steel grade pig iron from the Bhilai Steel Plant (BSP) in Chhattisgarh on 9 Nov’21. At the previous auction on 20 Oct, 10,000 t of material was booked at a weighted average price of INR 43,490/t exw, as per SteelMint reports. Bids had increased by INR 210/t compared to an earlier auction on 5 Oct.


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