Tag: Sail auction result
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India: SAIL Auction for Defective Billets Fetch Flat Bids; Entire Quantity Booked
Steel Authority of India Limited (SAIL), conducted auction from its central India based Bhilai Steel Plant (BSP) for defective steel products on 03 Decβ19. Out of 60,731.76 MT steel put up for auction, 10,255.65MT (17 %) material was sold and 50,476.11MT remained unsold. The bids of billet (upto 110) were assessed at INR 25,500-25,750/ MT…