Steel Authority of India (SAIL) recently conducted auction from its Bhilai Steel plant for defective steel products on 1st Jul'19. Out of 44,685 MT steel put up for auction, only 10,480 MT (23.45%) was sold. Bids for billets lowered by INR 100-200/MT against last auction. Bids for billets were reported at INR 27,300-27,650/MT (ex-Bhilai).
News ID: 5084 Publish Date : 2019/07/09
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