Tag: bokaro pig iron auction result

India: Bids increase by INR 850/t ($11) in SAIL’s Bokaro pig iron auction

Mar 3, 2021

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by

Shankar

in Pig Iron

SAIL conducted an auction for 8,550 t (2,850 t x 3 rakes) of basic grade pig iron on 03 Mar ’21 from its Bokaro Steel Plant, Jharkhand. Out of three rakes auctioned, only two rakes (5,700 t) received bids at INR 34,000/t exw, sources reported to SteelMint. Bids inched up by INR 850/t as compared…