Tag: SAIL BSP ferrous auction result
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India: Bids shoot up by INR 2,350/t ($32) in SAIL’s defective steel auction
Steel Authority of India Limited (SAIL) conducted an auction from its central India based Bhilai Steel Plant (BSP) for defective steel products on 11 May ’21. The bid prices for bloom-cc increased by INR 2,350/tonne (t) against the previous auction conducted on 30 Apr’21. A total quantity of 16,995 t of defective steel was put…