Tag: SAIL Burnpur pig iron auction result

India: Bids drop by INR 1,250/t at SAIL-IISCO pig iron auction

Mar 30, 2022

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by

Kamal Gohil

in Pig Iron

Steel Authority of India Limited (SAIL) held an auction for 900 t of steel grade pig iron (by road) on 29 Mar’22 from its IISCO steel plant in West Bengal. Buyers booked the entire quantity at a weighted average price of INR 59,800/t exw, sources informed SteelMint. Bid prices decreased by INR 1,250/t in comparison…