India: SAIL concludes 1,500 t pig iron auction

Steel Authority of India Ltd. conducted two pig iron auctions today. The one conducted from Durgapur Steel plant for 1,000 t received overwhelming response with entire quantity booked at INR 28,500-28,550/t exw. The other auction conducted from IISCO for 500 t fetched bid at INR 28,550/t exw, SteelMint learned from sources.


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