Tag: SAIL Bhilai iron scrap auction result

India: SAIL sells around 800 t of iron scrap at BSP auction

Jun 10, 2022

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by

Kamal Gohil

in Melting Scrap

Steel Authority of India Ltd. (SAIL) held an auction for 795 t of iron scrap (recovery rate 78%-83%) on 9 Jun’22 from the Bhilai Steel Plant (BSP). Buyers booked the entire quantity at around INR 40,100/t exw. Also, one lot of 270 t of pig casting machine (PCM) scrap was booked at INR 39,100/t exw.…