Tag: LPG cylinder scrap auctions receive moderate response

Due to the festive season and holiday week, IOCL has conducted only one auction on 28 Oct’22 for 160 t of old cylinders from Bathinda, Punjab. It fetched bids at INR 41,600/t exw while the prices remained moderate as compared to the last week. Notably, the recycle scrap was obtained from damaged gas cylinders that…