India: SAIL's next pig iron auction from BSP on 5 Oct'21

SAIL has scheduled an auction for 12,000 t of prime steel grade pig iron from the Bhilai Steel Plant (BSP) in Chhattisgarh on 5 Oct'21. At the previous auction on 22 Sep, 8,000 t of pig iron was booked at a weighted average price of INR 40,150/t exw, sources informed SteelMint. Bid prices increased by INR 2,000/t ($27) compared to the previous auction on 14 Sep.