Tag: SAIL BSP ferrous auction result
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India: Bids fall by INR 1,800/t ($25/t) in SAIL’s defective steel auctions
Steel Authority of India Limited (SAIL) conducted an auction from its central India based-Bhilai Steel Plant (BSP) for defective steel products on 21 May ’21. Bid prices for bloom-cc decreased by INR 1,800/tonne (t) against the previous auction conducted on 11 May’21. A total volume of 24,800 t of defective steel was put up for…