Tag: BSP Commercial Rail auction

Government-owned Steel Authority of India Ltd (SAIL) conducted an auction on 5 Jun’21 for 800 t (60kg) and 11,800 t (52kg) commercial rails from its Bhilai Steel Plant (BSP) in Chhattisgarh. The 60kg rails were booked at INR 41,100/t – INR 1,850/t higher than the previous auction. The reason behind the hike was lower inventory…