Tag: BSP ferrous auction

India: High Base Price Limits Participation in SAIL’s Defective Billet Auction

Mar 19, 2020

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by

Shankar

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

Steel Authority of India Limited (SAIL) conducted an auction from its central India based Bhilai Steel Plant (BSP) for defective steel products on 17 Mar’20. Highlights of the auction are as follows: • Billet -Nearly 3,109 MT defective billets (upto 110) was put up for auction and company started the auction at base price…