Tag: India: Bids fall by INR 500/t at SAIL-RSP pig iron auction

SAIL-Rourkela Steel Plant held an auction for 2,000 t of steel grade pig iron on 28 Oct’22. The entire quantity was booked at an average price of INR 42,200/t exw. At another auction from SAIL-Durgapur Steel Plant, out of 2,000 t, 1,100 t was booked at an average price of INR 42,400/t exw. Bids fell…