Tag: SAIL BSP ferrous auction result

India: SAIL’s auction of defective steel observes sharp increase in bid prices

Sep 5, 2020

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by

Shankar

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

Steel Authority of India Limited conducted an auction from its central India based Bhilai Steel Plant for defective steel products on 02 Sep’20. The auction noticed sharp increase of upto INR 1,500/t in bid prices compared to the last auction conducted on 24 Aug’20. A total quantity of 16,931 t defective steel was put up…