Tag: BSP Pig iron auction result

India: Bids increase by INR 450/t ($6) in SAIL’s BSP pig iron auction

May 12, 2021

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by

Shankar

in Pig Iron

PSU steel major SAIL held an auction from its Bhilai Steel Plant (BSP) for 12,650 t pig iron on 12 May ’21. Buyers booked the entire quantity at a weighted average price of INR 39,550/t exw, recording a rise of INR 450/t compared to the previous auction held by BSP. The last auction conducted on…