Govt. owned – Steel Authority of India Ltd (SAIL) conducted an auction today for 5,400 t (steel grade) pig iron from its Rourkela Steel Plant, Odisha. Out of the total offered quantity, buyers booked only one lot (100 t) at INR 33,300/t ex-works. In the previous auction conducted on 15 Jan ’21, the entire quantity of 6,000 t was booked at INR 33,800/t ex-works.
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