Tag: SAIL BSP ferrous auction result
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India: Bids in SAIL’s auction of defective steel shoot up by around INR 2,600/t ($35)
Steel Authority of India Limited (SAIL) conducted an auction from its Central India based Bhilai Steel Plant for defective steel products on 31 Mar ’21.The bid prices for bloom shot up by INR 2,650/t against the previous auction conducted on 19 Mar’21. Hike in raw material prices and active finished steel demand has resulted in…