Tag: SAIL RSP Pig iron auction result

India: Bids rise by INR 350/t at SAIL’s Rourkela pig iron auction

Jul 28, 2021

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by

Shankar

in Pig Iron

SAIL held an auction for 3,400 t of basic grade pig iron on 28 Jul’21 from its Rourkela Steel Plant (RSP) in Odisha. Buyers booked the entire quantity at INR 37,500/t exw, sources informed SteelMint. Bid prices increased by INR 350/t ($4/t) compared with the previous auction on 16 Jul, which was concluded at a…