Tag: SAIL RSP Pig iron auction

India: Bids increase by INR 3,100/t ($43) in SAIL’s RSP pig iron auction

Feb 20, 2021

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by

Shankar

in Pig Iron

Govt. owned – Steel Authority of India Ltd (SAIL) conducted an auction today for 4,900 t (steel grade) pig iron from its Rourkela Steel Plant, Odisha. Buyers booked the entire quantity at weighted average price of INR 35,150/t exw. In the previous auction from RSP conducted on 15 Feb ’21, entire quantity 4,500 t was…