Tag: SAIL Bokaro pig iron auction result

India: SAIL-BSL pig iron auction fails to attract participation

Oct 27, 2021

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by

Kamal Gohil

in Pig Iron

Steel Authority of India Ltd (SAIL) conducted an auction for 2,000 t of basic grade pig iron on 27 Oct’21 from its Bokaro Steel Plant (BSL). The base price was set at INR 44,500/t, but buyers showed no interest and the auction closed without a single bid being placed. SteelMint tracked pig iron offers by…