SAIL has scheduled an auction for 1,000 t of steel grade pig iron on 6 Aug’21 from its Durgapur Steel Plant in West Bengal. At the previous auction on 30 Jul, the entire quantity of 800 t of pig iron was booked at a weighted average price of INR 38,450/t exw, as per SteelMint reports. Bid prices had edged up by INR 2,850/t ($38) compared to the previous auction on 9 Jul.
Leave a Reply