India: SAIL’s BSP pig iron auction witnesses INR 1,600/t ($21) price hike

PSU steel major SAIL held an auction from its Bhilai Steel Plant (BSP) for 8,650 t pig iron on 06 Mar’21. The entire quantity was booked at a weighted average price of INR 36,000/t exw -recording a rise of INR 1,600/t compared to the previous auction held by BSP on 24th Feb’21.


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