Tag: SAIL BSP ferrous auction result
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India: Bids rise by INR 1,200/t ($16) in SAIL’s BSP secondary steel auction
Steel Authority of India Limited (SAIL) conducted an auction from its Central India based Bhilai Steel Plant for defective steel products on 31 Dec ’20. In this auction, buyers aggressively placed their bid and booked the entire offered quantity. The auction fetched a better response on improved buying interest, sources said. Bid prices for bloom…