Tag: SAIL BSP PIG IRON AUCTION RESULT

India: Bids drop by INR 1,650/t in SAIL’s pig iron auction from Bhilai

May 31, 2021

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by

Shankar

in Pig Iron

SAIL conducted an auction for 10,650 t of basic grade pig iron on 31 May’21 from its Bhilai Steel Plant (BSP) in Chhattisgarh. Out of the total quantity on offer, 10,400 t was booked at a weighted average price of 37,900/t, exw, sources informed SteelMint. Bid prices decreased by INR 1,650/t ($22) compared to the…