PSU steelmaker Steel Authority of India Ltd (SAIL) has scheduled an auction for 4,800 t of steel grade pig iron (in 48 units) from Rourkela Steel Plant in Odisha on 3 Aug’21. At the previous auction on 28 Jul, 3,400 t of pig iron was booked at INR 37,500/t exw, as per SteelMint reports. Bid prices increased by INR 350/t ($4/t) compared to the previous auction on 16 Jul.
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