10,746.98 TRY BIST 100 BIST 100
40.59 USD USD USD
5.66 CNY CNY CNY
47.04 EUR EUR EUR
0.12 CNY CNY/EUR CNY/EUR
39.88 TRY Interest Interest
71.28 USD Fossil Oil Fossil Oil
48.71 USD Silver Silver
4.45 USD Copper Copper
99.02 USD Iron Ore Iron Ore
332.00 USD Shipbreaking Scrap Shipbreaking Scrap
4,387.23 TRY Gold (gr) Gold (gr)

SAIL successfully completes auction of 8,750 tons of commercial rail

Steel Authority of India Limited (SAIL), one of India's leading steel producers, achieved great success with the auction held on September 9, 2023 at its Bhilai Steel Plant in Chhattisgarh. The auction was for 8,750 tons of full-length commercial rails (60 kg and 52 kg) and was met with great interest by industry representatives.

SAIL successfully completes auction of 8,750 tons of commercial rail

Out of the total 8,750 tons offered in the auction, around 7,500 tons were purchased by successful buyers. This significant development once again emphasized SAIL's strong position and influence in the steel industry.

The buyers purchased 60 kg of rails from the mill at INR 42,500 per ton and 52 kg of rails from the mill at INR 70,000 per ton.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Steel prices in the Middle East shaped by production and demand dynamics

Monday, August 4, 2025

Iran's steel sector is struggling with an energy crisis: uninterrupted production in only one month out of 12

Monday, August 4, 2025

BlueScope-led consortium considers takeover of Australia's Whyalla steel mill

Monday, August 4, 2025

Japan Steel Works announced growth above expectations in the first quarter of fiscal 2026

Monday, August 4, 2025

Nippon Steel to fully acquire Kurosaki Harima

Monday, August 4, 2025
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now