Tag: SAIL BSP ferrous auction result

Steel Authority of India Limited (SAIL) conducted an auction from its Bhilai Steel Plant (BSP) for defective steel products on 20 Jan’22. The auction fetched a comparatively better response than previous secondary steel auctions by SAIL, mainly on improved buying interest, sources said. The bid prices for steel blooms increased by INR 500/tonne ($6/t) against…