Tag: SAIL Durgapur pig iron auction

Government-owned steelmaker SAIL had scheduled an auction for 1,000 t of basic grade pig iron from the Durgapur Steel Plant in West Bengal today. Bids at the auction decreased by INR 300/t, with the entire quantity getting booked at a weighted average price of INR 38,150/t, exw. At the previous auction on 30 Jul, the…