Tag: SAIL BSP rail auction

India: SAIL-BSP’s commercial rails auction receives dull response

Mar 6, 2023

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by

Tarun Naidu

in Melting Scrap

SAIL-Bhilai Steel Plant (BSP) conducted an auction for 10,000 t (60 kg, full length) of commercial rails on 4 March’23. Out of the total quantity, only 1,000 t was booked while the remaining quantity remained unsold due to the high base price. 60 kg rails were sold at INR 41,500/t ex-works, sources informed.