SAIL will hold an auction for 4,900 t of steel grade pig iron (in 49 units) from Rourkela Steel Plant (RSP) on 20 Nov’21. At the previous auction on 13 Nov, 2,300 t of material was booked at a weighted average price of INR 41,700/t exw. Bid prices decreased by INR 1,550/t in comparison with the previous auction on 8 Nov.
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