Tag: Bhilai steel plant scrap auction

India: SAIL-BSP manages to sell 17,100 t of secondary steel in recent auction

Dec 9, 2021

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by

Shankar

in Billet, HR Plate, Melting Scrap, Rebar, Structure, Wire Rod

Steel Authority of India Limited (SAIL) had conducted an auction from its Bhilai Steel Plant (BSP) in Chhattisgarh for defective steel products on 6 Dec’21. The bid prices for steel blooms dropped by INR 600/t ($7/t) against the previous auction conducted on 26 Nov’21. The drop in bid prices was largely in line with the…