India: Buyers book entire 3,000 t on offer at SAIL-RSP's pig iron auction

SAIL-Rourkela Steel Plant (RSP) held an auction on 31 Dec'24 for 3,000 t of steel-grade pig iron. The entire volume on offer was booked at an average price of INR 32,800/t exw. Previously, on 16 Dec, RSP auctioned 5,000 t of steel-grade pig iron, with the entire quantity sold at an average price of INR 32,100/t exw.