Tag: Auction of pooled iron
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India: Vizag Steel’s pooled iron auction receives good response
Vizag Steel conducted an auction for 3,000 t pooled iron on 03 Oct’20. The auction received good participation as entire material booked around at INR 24,300/t exw. The last auction conducted on 24 Sep’20 for 5,000 t fetched bids around INR 23,500/t exw but the bids were not approved by the company’s management.