Tag: SAIL RSP Pig iron auction result

India: SAIL pig iron auction prices fall two month low from Rourkela Steel Plant

May 20, 2022

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by

Shankar

in Pig Iron

SAIL held an auction for 4,800 tonnes of basic grade pig iron (in 48 units) on 20 May 2022 from the Rourkela Steel Plant (RSP). Buyers booked the 33 unit ( 3,300 t) quantity at a weighted average price of INR 50,815/t exw. Bid prices decreased by INR 1,208/t ($15/t) against the previous auction from…