India: Bids in SAIL-BSP pig iron auction rise by INR 300/t
Steel major SAIL held an auction for 8,650 t (steel grade) pig iron from Bhilai Steel Plant (BSP) on 09 Jan'20. The material was booked at INR 35,600/t (ex-works). Bids rose by INR 300/t against the previous auction on 30 Dec'20. In the previous auction, total 8,000 t pig iron was concluded at INR 35,300/t exw.