India: Bids rise by INR 1,950/t in SAIL-RSP's latest auction
SAILs Rourkela Steel Plant (RSP) auctioned 1,700 t of steel-grade pig iron on 13 Feb26, with the entire quantity sold at an average INR 39,100/t exw. Prices increased by INR 1,950/t from the 28 Jan26 auction, where 1,000 t were booked at INR 37,150/t exw, indicating firmer pricing sentiment and improved buyer participation.