Tag: SAIL RSP Pig iron auction

India: SAIL to auction 4,900 t of pig iron from RSP

Nov 16, 2021

—

by

Kamal Gohil

in Pig Iron

SAIL will hold an auction for 4,900 t of steel grade pig iron (in 49 units) from Rourkela Steel Plant (RSP) on 20 Nov’21. At the previous auction on 13 Nov, 2,300 t of material was booked at a weighted average price of INR 41,700/t exw. Bid prices decreased by INR 1,550/t in comparison with…