Tag: SAIL pig iron auction result

India: Bids at SAIL-BSP pig iron auction jump by INR 2,200/t to INR 35,300/t

Dec 30, 2020

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by

Shankar

in Pig Iron

Steel major SAIL held an auction for 8,000 t (steel grade) pig iron from Bhilai Steel Plant (BSP) on 30 Dec’20. The material was booked at INR 35,300/t (ex-works). Bids rose by INR 2,200/t ($30) against the previous auction on 18 Dec’20. In a separate auction today, 8,550 t (2,850 t x 3 rakes) pig…