Tag: Vizag steel pooled iron auction result

In Vizag Steel’s pooled iron auction held on 05 Jan’21, the entire material of 3,000 t was booked at INR 32,700/t ex-work, which is INR 2,400/t higher compared to the last auction conducted by the steelmaker for 4,500 t on 15 Dec’20. Prices have risen mainly on the back of elevated raw material prices amid…