Tag: SAIL RSP Pig iron auction

India: Bids decrease by INR 2,850/t ($39) in SAIL’s RSP pig iron auction

Jan 30, 2021

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by

Shankar

in Pig Iron

Govt. owned – Steel Authority of India Ltd (SAIL) conducted an auction today for 5,400 t (steel grade) pig iron from its Rourkela Steel Plant, Odisha. Buyers booked the entire quantity at INR 30,450/t exw. In the previous auction from RSP conducted on 22 Jan ’21, buyers booked only one lot i.e. 100 t out…