Tag: SAIL BSP PIG IRON AUCTION RESULT

India: Bids at SAIL-Bhilai pig iron auction fall by INR 500/t ($6)

Aug 23, 2021

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by

Shankar

in Pig Iron

SAIL had scheduled an auction for 6,000 t of basic grade pig iron from the Bhilai Steel Plant in Chhattisgarh today. Buyers booked the entire quantity at a weighted average price of INR 38,500/t exw. At the previous auction on 13 Aug, 8,000 t of pig iron was booked at INR 39,000/t exw. The bid…