Tag: SAIL BSP RAIL AUCTION RESULT

India: Bids rise by INR 4,000/t in SAIL-BSP’s 60kg IU-rails auction

Apr 21, 2021

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by

Shankar

in Structure

Govt. owned – Steel Authority of India Ltd (SAIL) conducted an auction on 21 Apr’21 for 6,400 t (52 & 60 kg-full length) commercial rails from its Bhilai Steel Plant, Chhattisgarh. Buyers booked 4,800 t (rail 60 kg) at a weighted average price of INR 38,250 /t and 1,600 t (rail 52 kg) at INR…