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 23 Mar’22. The bid prices for steel blooms dropped by INR 570/t ($7/t) against the previous auction conducted on 12 Mar’22. The drop in bid prices was largely in line with the…