Tag: billet and bloom tender
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India: SAIL Auction for Defective Billets Fetches Flat Bids; Entire Quantity Booked
Steel Authority of India Limited (SAIL), conducted auction from its central India based Bhilai Steel Plant (BSP) for defective steel products on 11 Decβ19. Out of 58,208.8 MT steel put up for auction, 13,697.25MT (23 %) material was sold and 44,511.56 MT remained unsold. The bids of billet (upto 110) were assessed at INR 25,500-25,700/…