India: SAIL schedules 3,300 t pig iron auction from RSP
SAIL has scheduled an auction for 3,300 t of steel grade pig iron (in 33 units) from Rourkela Steel Plant (RSP) on 9 Oct'21. At the previous auction on 1 Oct, 3,500 t of material was booked at a weighted average price of INR 44,400/t exw. Bid prices increased by INR 3,550/t ($47/t) in comparison with an earlier auction held on 21 Sep.