State-owned Steel Authority of India Ltd (SAIL) will conduct an auction for 8,000 t (60 kg) full-length commercial rails from Bhilai Steel Plant (BSP) in Chhattisgarh on 16 Nov’21. At the previous SAIL-BSP rails auction held on 2 Nov, buyers booked 7,000 t (60 kg) rails at a weighted average price of INR 40,525/t exw, as per SteelMint reports.
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