Tag: SAIL BSP RAIL AUCTION RESULT
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India: Bid prices edge lower at SAIL-BSP rails auction
SAIL conducted an auction today for 8,000 t (60 kg) of full-length commercial rails from the Bhilai Steel Plant (BSP). Buyers booked the entire quantity at a weighted average price of INR 37,200/t exw, sources informed. Bid prices decreased by INR 3,325/t compared to the previous auction on 2 Nov at which 7,000 t of…