Tag: Sail auction result
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India: SAIL’s Defective Steel Product Auction Receives Weak Response
Steel Authority of India Limited (SAIL), conducted auction from its central India based Bhilai Steel Plant (BSP) for defective steel products on 30 Oct’19. Out of 53,581.04 MT steel put up for auction, only 7303.75 MT (13.6 %) material was sold and 46277.29 MT remained unsold. The bids for billet were assessed at INR 25,500/…