According to Mining News Pro - The total offered quantity got booked at base price of INR 26,300-26,400/MT EXW-Rourkela. The improved response in today`s auction is attributed to competitive base price in comparison to private mills & traders as well in neighboring markets.

The fresh offers through private mills & stockiest are reported at INR 26,200-26,500/MT ex-Durgapur/Jharkhand, INR 27,300-27,500/MT ex-Raipur, INR 27,200-27,400/MT ex-Raigarh, INR 28,000-28,200/MT FoR Hyderabad & INR 29,300-29,500/MT FoR Ludhiana.

In the last auction conducted by SAIL RSP on 02 Mar`20, about 95% of the offered material remained unsold at INR 27,000/MT EXW-Rourkela, out of the the offered quantity of 1,950 MT.