Tag: SAIL BSP ferrous auction result

India: SAIL’s defective steel auction receives bids lower by INR 1,500/t ($20)

Nov 30, 2020

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by

Shankar

in Billet, HR Plate, Melting Scrap, Rebar, Structure, Wire Rod

Steel Authority of India Limited conducted an auction from its central India based Bhilai Steel Plant for defective steel products on 27 Nov ’20. The auction received lower bids compared to the last auction conducted on 19 Nov ’20. A total quantity of 26,500 t defective steel was put up for auction, out of which…