Tag: bokaro pig iron auction result

India: Bids drop by INR 400/t ($5) in SAIL’s Bokaro pig iron auction

Apr 28, 2021

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by

Shankar

in Pig Iron

SAIL conducted an auction today for 5,700 t (2,850 t x 2 rakes) of basic grade pig iron from its Bokaro Steel Plant, Jharkhand. Buyers booked the entire quantity at INR 36,700/t exw, sources reported to SteelMint. Bids decreased by INR 400/t as compared to the previous auction conducted on 21 Apr in which three…