Tag: SAIL BSP ferrous auction result

Steel Authority of India Limited (SAIL) conducted an auction from its Chhattisgarh-based Bhilai Steel Plant (BSP) for defective steel products on 14 May 2022. Bid prices for steel blooms decreased by INR 2,350/t ($30/t) against the previous auction conducted on 6 May 2022. According to a recent update received, the blooms lot was rejected by…