India: Bids rise by INR 4,350/t in SAIL-RSP's latest pig iron auction
SAILs Rourkela Steel Plant (RSP) conducted an auction on 05 Jan'26 for 3,500 t of steel-grade pig iron, in which the entire quantity was booked at an average price of INR 38,100/t exw. This marks a rise of INR 4,350/t compared to the previous auction on 18 Dec'25, in which the entire quantity of 1,100 t was sold at INR 33,750/t exw.