Tag: RINL Pig iron auction result

Leading state-owned long steel producer, Vizag Steel, conducted two auctions on 23 Mar’22 for around 6,400 t of steel grade pig iron. At the first auction, 3,900 t (one rake) of material was booked at a weighted average price of INR 54,250/t exw. In the second auction, 2,500 t of pig iron (by road) was…