Tag: SAIL BSP RAIL AUCTION RESULT

India: SAIL-BSP’s commercial-rails auction receives poor response, bids decline

Feb 3, 2021

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by

Shankar

in Structure

Govt. owned – Steel Authority of India Ltd (SAIL) conducted an auction yesterday for 26,300 t (52 & 60 kg-full length) commercial rail from its Bhilai Steel Plant, Chhattisgarh. Out of the total offered quantity, buyers booked only single lot of 500 t at INR 29,500/t ex-works. In the previous auction conducted on 21 Jan…