State-run Steel Authority of India Ltd. (SAIL) has scheduled an auction for 4,000 t (two rakes) of basic grade pig iron on 1 Sept’21 from its Bokaro Steel Plant in Jharkhand, as per SteelMint reports. At the previous auction held on 25 Aug, the base price was 38,000/t, and the auction had closed without a single bid. The bid price may vary as compared to the previous auction, SteelMint notes.
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