Tag: SAIL ISP PIG IRON AUCTION

India: Bids decline by INR 970/t ($13) in SAIL’s Burnpur pig iron auction

Nov 26, 2020

—

by

Shankar

in Pig Iron

Govt owned steel mill – SAIL conducted an auction for 2,000 t (one rake) basic grade pig iron today. Entire material was booked at INR 29,050/t exw, sources have reported to SteelMint. Bids declined by INR 970/t ($13) compared to the previous auction conducted on 19 Nov’20.