Tag: SAIL RSP Pig iron auction

State-owned Steel Authority of India Ltd (SAIL) conducted an auction today for 9,200 t (steel grade) pig iron from Rourkela Steel Plant, Odisha. Buyers booked the entire quantity at a weighted average price of INR 38,600/t (exw). Notably, prices touched an all-time high so far at SAIL pig iron auctions. At the previous auction from…