Tag: RINL pooled iron auction result

India: Prices increase by INR 400/t ($5) at Vizag Steel’s pooled iron auction

Dec 16, 2020

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by

Shankar

in Melting Scrap

At PSU steel producer Vizag Steel’s pooled iron auction on 15 Dec’20, the entire material of 4,500 t was booked at INR 29,300/t exw, which is INR 400/t higher compared with the last auction conducted by steel maker on 08 Dec’20. Prices are rising mainly on the back of elevated raw materials prices amid supply…