India: Bids surge INR 2,950/t in SAIL-BSP's pig iron auction
SAIL-BSP held an auction for 4,940 t of steel-grade pig iron on 23 Jan'26, of which the entire quantity was booked at an average price of INR 36,850/t exw. Bids increased by INR 2,950/t from the previous auction, conducted on 27 Dec for 910 t of steel-grade pig iron in which the entire volume was booked at an average price of INR 33,900/t exw.