Tag: SAIL RSP plate cutting auction result

India: SAIL’s plate cutting auction from Rourkela fails to attract buyers

Dec 8, 2021

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by

Shankar

in HR Plate

Steel Authority of India Ltd (SAIL) had floated an auction for 10,000 t of plate cuttings (12-50mm) yesterday from Rourkela Steel Plant in Odisha. According to latest updates, the company’s management had set the bid price at INR 38,930/t exw, but the auction failed to fetch any response and closed without any results.