Tag: bokaro pig iron auction result
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India: Bids drop by INR 100/t ($1) in SAIL’s Bokaro pig iron auction
SAIL conducted an auction for 8,550 t (2,850 t x 3 rakes) of basic grade pig iron on 24 Mar ’21 from its Bokaro Steel Plant, Jharkhand. Due to some reason, the company withdrew two rakes and auctioned only one rake (2,850 t) that received bids at INR 34,450/t exw, sources reported to SteelMint. Bids…