India: SAIL Bokaro's pig iron auction sees price uptick of INR 550/t
SAIL Bokaro Steel Plant (BSL) conducted a steel-grade pig iron auction on 8 Apr'26, offering 3,500 t, with the entire quantity booked at an average price of INR 38,900/t. Prices increased by INR 550/t compared to the 1 Apr'26 auction, where 3,500 t were sold at INR 38,350/t. This indicates stronger demand and a modest improvement in market outlook.