Vizag Steel – a state owned steel maker, is going to conduct an e-auction for about 1,000 t basic grade pig iron, SteelMint gathered from credible sources. The auction is scheduled on 10 Dec ’20. The previous auction, conducted on 03 Dec ’20 for 1000 t pig iron, received bids at INR 30,200/t exw but the company’s management did not approve the bids and the auction was cancelled.
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