India: SAIL-BSP books 21,500 t of silico manganese at reverse auction
SAIL-Bhilai Steel Plant (BSP) had conducted a reverse auction for 21,500 t of silico manganese (60-15, 10-50 mm) on 15 Dec'23. The entire material was booked at around INR 83,400/t FOR, inclusive of all taxes. Excluding GST and GEM portal charges, prices were at around INR 70,400/t FOR, sources informed.