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 (RSP) in Odisha on 8 Sept’21. At the previous auction on 28 Aug, 3,200 t of pig iron was booked at INR 37,500/t exw, as per SteelMint reports. Bid prices decreased by INR 200/t ($2/t) in comparison with the earlier auction on 23 Aug which had concluded at a weighted average price of INR 37,700/t exw.
Leave a Reply