India: SAIL to conduct 2,300 t pig iron auction from RSP

SAIL will hold an auction for 2,300 t of steel grade pig iron (in 23 units) from Rourkela Steel Plant (RSP) on 13 Nov’21. At the previous auction on 8 Nov, 4,800 t of material was booked at a weighted average price of INR 43,250/t exw. Bid prices decreased by INR 850/t in comparison with the previous auction on 9 Oct.


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