Tag: SAIL BSP PIG IRON AUCTION RESULT

India: Bids drop by INR 1,100/t at SAIL’s Bhilai pig iron auction

Jul 12, 2021

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by

Shankar

in Pig Iron

SAIL held an auction for 2,500 t of basic grade pig iron on 10 Jul’21 from its Bhilai Steel Plant (BSP) in Chhattisgarh. The entire quantity was booked at INR 37,250/t exw, sources informed SteelMint. Bid prices decreased by INR 1,100/t ($14) compared to the previous auction on 10 Jun, which was concluded at a…