Tag: SAIL BOKARO PIG IRON AUCTION

India: Bids drop by INR 600/t ($7) in SAIL’s Bokaro pig iron auction

Apr 21, 2021

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by

Shankar

in Pig Iron

SAIL conducted an auction today for 8,550 t (2,850 t x 3 rakes) of basic grade pig iron from its Bokaro Steel Plant, Jharkhand. Buyers booked the entire quantity at INR 37,100/t exw, sources reported to SteelMint. Bids decreased by INR 600/t as compared to the previous auction conducted on 13 Apr for a similar…