India: SAIL schedules 9,000 t pig iron auction from RSP

PSU steelmaker SAIL has scheduled an auction for 9,000 t of steel grade pig iron in 90 units from Rourkela Steel Plant (RSP) on 9 Feb’22. At the previous auction on 2 Feb, 3,100 t of material was booked at a weighted average price of INR 47,620/t exw, as per SteelMint reports. Bid prices increased by INR 5,270/t in comparison with an earlier auction on 18 Jan.


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