Tag: SAIL Burnpur pig iron auction result
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India: Bids fall sharply at SAIL-IISCO pig iron auction
SAIL held an auction for one rake (2,000 t) of basic grade pig iron on 10 Nov’21 from its IISCO plant. Buyers booked the entire quantity at a weighted average price of INR 41,100/t exw, sources informed. Bid prices decreased by INR 975/t compared to the previous auction on 3 Nov, which had concluded at…