India: SAIL concludes 1,000t pig iron auction from ISP; bids increase

SAIL conducted auction for 1,000 t off grade pig iron today from its IISCO Steel Plant (ISP) West Bengal. The auction received good participation as entire material was booked at INR 29,850-29,900/t exw. The last auction conducted on 13 Aug’20 for 2,000 t, single lot was concluded around at INR 28,850/t exw.


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