Tag: SAIL BSP ferrous auction result

Steel Authority of India Limited (SAIL) had conducted an auction from its Bhilai Steel Plant (BSP) in Chhattisgarh for defective steel products on 8 Nov’21. The bid prices for steel blooms dropped by INR 1,640/t ($22/t) against the previous auction conducted on 27 Oct ’21. The drop in bid prices was largely in line with…