India: SAIL to conduct pig iron auction from Bokaro on 8 Dec’21

SAIL has scheduled an auction for 4,000 t (two rakes) of basic grade pig iron for 8 Dec’21 from the Bokaro Steel Plant (BSL) in Jharkhand. At the previous auction on 1 Dec, 2,000 t of pig iron was offered, with the base price set at INR 37,500/t. However, buyers showed no interest and the auction closed without any bid being placed.


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