Tag: Visag steel pooled iron auction

India: Bids decline by INR 800/t in Vizag Steel’s pooled iron auction

Oct 22, 2020

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by

Shankar

in Melting Scrap

Vizag Steel conducted an auction for 3.100 t pooled iron on 19 Oct’20. The entire material was booked at around INR 24.600/t exw which is INR 800/t down from the previous auction conducted on 10 Oct’20 for 4,000 t. Last auction fetched bids at around INR 25,400/t exw which is pending for approval from company’s…