India: SAIL-RSP’s pig iron auction receives active response

SAIL-Rourkela Steel Plant (RSP) held an auction for 4,000 t of steel grade pig iron on 25 May’24. The entire quantity was booked at an average price of INR 40,800/t exw. The last auction was conducted for 6,000 t of steel grade pig iron on 11 May’24 in which 3,350 t quantity was booked at an average price of INR 42,500/t exw.