Tag: SAIL BSP IRON SCRAP AUCTION

India: SAIL-BSP schedules iron scrap auction for 25 Nov’21

Nov 22, 2021

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by

Kamal Gohil

in Melting Scrap

Stated-owned steel producer SAIL has scheduled an auction for 5,700 t of iron scrap (Fe 85-90% recovery) from Bhilai Steel Plant (BSP) on 25 Nov’21. At the previous auction on 15 Nov, buyers had booked 4,350 t of iron scrap (recovery above 90%) at a weighted average price of INR 34,210/t. Bid prices decreased by…