Tag: BSP Tender Result

India: SAIL Auction for Defective Billet and Blooms Observes Limited Participation

Feb 5, 2020

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by

Shankar

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

Steel Authority of India Limited (SAIL), conducted auction from its central India based Bhilai Steel Plant (BSP) for defective steel products on 4th Feb’20. Nearly 1327.2MT defective billets were put up for auction and out of total quantity 1206.8 MT booked.The bids of billet (up to 110) were assessed at INR 29,450/MT (EXW-Bhilai). Except…