Tag: RINL pooled iron auction

Leading state-owned long steel producer, Vizag Steel, has scheduled an e-auction for around 2,700 t of pooled iron on 23 Nov’21. At the steelmaker’s previous auction conducted on 18 Nov, buyers booked 3,850 t of pooled iron at a weighted average price of INR 35,550/t exw. The bid price decreased by INR 2,100/t compared to…