At SAIL's auction for 4,000 t (two rakes) of basic grade pig iron on 29 Sep'21 from Bokaro Steel Plant, the entire quantity was booked at a weighted average price of INR 42,850/t exw. Bid prices increased by INR 2,800/t ($37/t) compared to the previous auction on 22 Sep, which had concluded at a weighted average price of INR 40,050/t exw.
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