Tag: SAIL BSP ferrous auction result
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India: Bids climb at SAIL-BSP’s defective steel auction on firm buying interest
Steel Authority of India Limited (SAIL) conducted an auction from its Bhilai Steel Plant (BSP) for defective steel products on 12 Jan’22. The auction fetched a comparatively better response than the previous secondary steel auctions by SAIL, mainly due to improved buying interest, sources said. The bid prices for steel blooms increased by INR 800/tonne…