Tag: SAIL BSP IRON SCRAP AUCTION RESULT

India: SAIL sells nearly 600 t of iron scrap at BSP auction

Apr 12, 2022

—

by

Shankar

in Melting Scrap

SAIL’s flagship Bhilai Steel Plant (BSP) held an auction for 600 t of iron scrap (recovery rate 78%-83%) on 11 Apr’22. Buyers booked the entire 500 t of iron scrap at around INR 45,450-46,150/t. Also, one lot of 100 t of cast iron (CI) skull was booked at INR 46,600/t exw. SteelMint’s daily HMS 80:20…