Tag: BSP rail auction

India: Bids rise by INR 1,450/t in SAIL-BSP’s IU-rails auction

Feb 23, 2021

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by

Shankar

in Structure

Govt. owned – Steel Authority of India Ltd (SAIL) conducted an auction today for 25,500 t (52 & 60 kg-full length) commercial rails from its Bhilai Steel Plant, Chhattisgarh. Out of the total offered quantity, buyers booked 24,500 t (rail 60 kg) at INR 30,100 /t exw, 600 t ( rail 52 kg) at INR…