Tag: SAIL BSP ferrous auction result

India: Bids in SAIL’s auction of defective steel increase by around INR 600/t

Nov 5, 2020

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by

Shankar

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

India’s govt. owned – Steel Authority of India Limited conducted an auction for defective steel. Auction conducted was from its central India based Bhilai Steel Plant on 02 Nov’20. The auction noticed increased in bid prices compared to the last auction conducted on 23 Oct’20. SteelMint’s price assessment for Raipur billet increased by around INR…