Tag: SAIL RSP Pig iron auction

SAIL has scheduled an auction for 3,500 t of steel grade pig iron (in 35 units) from Rourkela Steel Plant (RSP) on 1 Oct’21. At the previous auction on 21 Sep, 2,000 t of material was booked at a weighted average price of INR 40,850/t exw. Bid prices increased by INR 3,350/t ($ 45/t) in…