Tag: SAIL RSP Pig iron auction

SAIL will auction 9,500 t of steel grade pig iron (in 95 units) from Rourkela Steel Plant (RSP) on 25 Nov’21. Out of 4,900 t of pig iron offered at the previous auction on 20 Nov, buyers had booked only 200 t of material at INR 39,650/t exw. Bid prices had decreased by INR 2,050/t…