India: Bids rise in SAIL-RSP's latest pig iron auction
SAILs Rourkela Steel Plant (RSP) conducted an auction on 14 Nov'25 for 2,500 t of steel-grade pig iron, in which the entire quantity was booked at an average price of INR 32,150/t exw. This marks an increase of INR 450/t compared to the previous auction on 3 Nov, in which the entire quantity of 4,000 t was sold at INR 31,700/t exw.