Intel Details

India: Bids fall by INR 3,267/t at SAIL-RSP pig iron auction

Pig Iron
14 May 2022, 16:37 IST
Steel Mint Intel

SAIL held an auction for 10,300 t of basic grade pig iron (in 103 units) on 14 May 2022 from the Rourkela Steel Plant (RSP). Buyers booked the entire quantity at a weighted average price of INR 52,023/t exw. Bid prices decreased by INR 3,267/t ($42/t) against the previous auction from RSP held on 9 May.

14 May 2022, 16:37 IST
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