Tag: SAIL pig iron auction result

India: Bids at SAIL-Burnpur pig iron auction jumps to INR 33,000/t

Dec 16, 2020

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by

Shankar

in Pig Iron

Steel major SAIL’s pig iron auction for 2,400 t (basic grade) material from ISP, Burnpur on 16 Dec’20 was booked at INR 33,000 /t (ex-works). Bids increased by INR 850/t ($11) compared to the previous auction on 10 Dec’20. SAIL pig iron auctions are garnering active response in all plants. Steel grade pig iron prices…