Tag: BSP Ferrous auction summary
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India: Bids at SAIL’s secondary steel auction drop by INR 1,300/t
Steel Authority of India Limited (SAIL) had conducted an auction from Bhilai Steel Plant (BSP) in Chhattisgarh for defective steel products on 10 Jul ’21. The bid prices for steel bloom dropped by INR 1,300/t ($17/t) against the previous auction conducted on 2 Jul. A total of 13,108 t of defective steel had been put…