Tag: SAIL RSP Pig iron auction

India: Bids increase by INR 960/t ($13) in SAIL RSP pig iron auction

Nov 18, 2020

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by

Shankar

in Pig Iron

SAIL Rourkela Steel Plant conducted an auction for 6,400 t steel grade pig iron today. Out of total quantity, buyers booked 6,300 t at a weighted price of INR 29,760/t exw, sources reported to SteelMint. Bids increased by INR 960/t ($13) compared to the previous auction conducted on 06 Nov’20.