Government-owned steel mill SAIL conducted an auction for 1,000 t basic grade pig iron yesterday from its IISCO Steel Plant, Burnpur. The entire quantity was booked at INR 37,450/t, exw, sources reported. Bids fell by INR 1,100/t compared to the previous auction conducted on 11 May'21 for 2,500 t that was concluded at a weighted average price of INR 38,550/t, exw, as per SteelMint reports.
By logging in to SteelMint you have accepted the
Terms & Conditions
Write a name for your map selection