India: Bids fall by INR 400/t at Vizag Steel's pig iron auction
Vizag Steel Plant conducted an auction for 2,250 t of basic grade pig iron on 16 Sep'21. The entire quantity was booked at INR 38,100/t exw, sources informed SteelMint. The bid price decreased by INR 400/t ($5/t) compared to the previous auction on 4 Sep. At the previous auction, 1,500 t had been booked at INR 38,500/t exw, as per SteelMint reports.