Tag: SAIL BSP defective steel auction result

Steel Authority of India Limited (SAIL) conducted an auction from its Chhattisgarh-based Bhilai Steel Plant (BSP) for defective steel products on 25 Aug’21. Bid prices for steel blooms increased by INR 1,000/tonne (t) ($14/t) against the previous auction conducted on 17 Aug’21. Around 12,855 t of defective steel were put up for auction, of which…