Tag: SAIL BSP RAIL AUCTION RESULT

India: Bids rise by INR 3,700/t in SAIL-BSP’s IU-rails auction

Mar 6, 2021

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by

Shankar

in Structure

Govt. owned – Steel Authority of India Ltd (SAIL) conducted an auction on 05 Mar’21 for 19,100 t (52 & 60 kg-full length) commercial rails from its Bhilai Steel Plant, Chhattisgarh. Out of the total offered quantity, buyers booked 18,100 t (rail 60 kg) at a weighted average price of INR 33,800 /t exw, 100…