Tag: SAIL BSP defective steel auction result

India: SAIL BSP’s defective steel auction sees rise in bid prices by INR 250/t ($3/t)

Sep 4, 2021

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by

Shankar

in Billet, HR Plate, INGOT, Rebar, Structure, Wire Rod

Steel Authority of India Limited (SAIL) conducted an auction from its Chhattisgarh-based Bhilai Steel Plant (BSP) for defective steel products on 2 Sep’21. The bid prices for steel bloom increased by INR 250/t ($3/t) against the previous auction conducted on 25 Aug’21. Around 10,644 tonnes (t) of defective steel were put up for auction, of…