Tag: SAIL Rourkela pig iron auction result
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India: Bids rise by over INR 2,400/t at SAIL-RSP pig iron auction
PSU steelmaker SAIL held an auction for 4,800 t of basic grade pig iron (in 48 units) on 21 Mar’22 from the Rourkela Steel Plant (RSP) in Odisha. Buyers booked the entire 48 units at a weighted average price of INR 58,900/t exw, sources informed SteelMint. Bid prices increased by INR 2,440/t in comparison with…