Tag: SAIL RSP Pig iron auction result

India: Bids rise by INR 200/t at SAIL’s Rourkela pig iron auction

Jul 9, 2021

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by

Shankar

in Pig Iron

SAIL held an auction for 4,000 t of basic grade pig iron on 9 Jul’21 from its Rourkela Steel Plant (RSP) in Odisha. Buyers booked the entire quantity at INR 36,200/t exw, sources informed SteelMint. Bid prices increased by INR 200/t ($2.7) compared to the previous auction on 1 Jul, which was concluded at a…