Tag: SAIL RSP Pig iron auction result

SAIL held an auction for 3,500 t of basic grade pig iron (in 35 units) on 1 Oct’21 from the Rourkela Steel Plant. Buyers booked the entire quantity of 35 units at a weighted average price of INR 44,400/t exw, sources informed SteelMint. Bid prices increased by INR 3,550/t ($ 47/t) in comparison with the…