10,208.65 TRY BIST 100 BIST 100
34.70 EUR EUR EUR
32.31 USD USD USD
4.49 CNY CNY CNY
0.13 CNY CNY/EUR CNY/EUR
45.27 TRY Interest Interest
83.94 USD Fossil Oil Fossil Oil
26.74 USD Silver Silver
4.50 USD Copper Copper
117.55 USD Iron Ore Iron Ore
386.00 USD Ship Dismantling Ship Dismantling
2,402.11 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

How did global iron ore prices close the week?

Saturday, May 4, 2024

Kenya's floods have a negative impact on the steel industry

Friday, May 3, 2024

ArcelorMittal closes coke oven at Zenica plant

Friday, May 3, 2024

A Kyrgyz-Uzbek car factory is planned to be opened

Friday, May 3, 2024

700 tons of sales agreement from Mega Metal!

Friday, May 3, 2024
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