Tag: SAIL Bokaro pig iron auction result

India: Bids drop by INR 1,000/t at SAIL’s pig iron auction

Sep 1, 2021

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by

Kamal Gohil

in Pig Iron

State-owned SAIL conducted an auction for 4,000 t (two rakes) of basic grade pig iron on 1 Sept’21 from the Bokaro Steel Plant in Jharkhand. Buyers booked the entire quantity at INR 37,200/t exw, sources reported. Bids decreased by INR 1,000/t compared to the previous auction on 18 Aug for one rake, which had concluded…