India: Vizag Steel reschedules pooled iron auction

Leading state-owned long steel producer, Vizag Steel, has rescheduled an e-auction for around 3,050 t of pooled iron on 9 Nov’21. The company had to reschedule the auction as the previous auction conducted on 5 Nov for 2,900 t of pooled iron did not attract expected participation during the festive season when trading remained subdued and logistical operations across the country were impacted.


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