Tag: SAIL BSL pig iron auction result

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

Nov 3, 2021

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by

Kamal Gohil

in Pig Iron

State-owned Steel Authority of India Ltd (SAIL) conducted an auction for 4,000 t of basic grade pig iron on 3 Nov’21 from its Bokaro Steel Plant (BSL) in Jharkhand. The base price was set at INR 43,000/t, sources informed SteelMint, but buyers showed no interest and the auction closed without a single bid being placed.