Tag: BSP auction result

India: SAIL’s auction of defective steel observes sharp increase in bid prices

Aug 17, 2020

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by

Shankar

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

Steel Authority of India limited conducted an auction from its central India based Bhilai Steel Plant for defective steel products on 14 Aug’20. The auction noticed sharp increase of upto INR 2,000/t in bid prices compared to the last auction conducted on 05 Aug’20. A total quantity of 12,356t defective steel was put up for…