{"id":53035,"date":"2026-01-06T12:36:51","date_gmt":"2026-01-06T06:36:51","guid":{"rendered":"https:\/\/biztrend24.com\/?p=53035"},"modified":"2026-01-06T12:36:51","modified_gmt":"2026-01-06T06:36:51","slug":"india-bids-rise-by-inr-4350-t-in-sail-rsps-latest-pig-iron-auction","status":"publish","type":"post","link":"https:\/\/biztrend24.com\/?p=53035&lang=en","title":{"rendered":"India: Bids rise by INR 4,350\/t in SAIL-RSP&#8217;s latest pig iron auction"},"content":{"rendered":"<p>AILs Rourkela Steel Plant (RSP) conducted an auction on 05 Jan&#8217;26 for 3,500 t of steel-grade pig iron, in which the entire quantity was booked at an average price of INR 38,100\/t exw. This marks a rise of INR 4,350\/t compared to the previous auction on 18 Dec&#8217;25, in which the entire quantity of 1,100 t was sold at INR 33,750\/t exw.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>AILs Rourkela Steel Plant (RSP) conducted an auction on 05 Jan&#8217;26 for 3,500 t of&#8230;<\/p>\n","protected":false},"author":1,"featured_media":53036,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[313],"tags":[],"class_list":["post-53035","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-iron-steel"],"jetpack_publicize_connections":[],"featured_image_urls":{"full":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-06T123613.257.jpg?fit=1280%2C720&ssl=1?v=1767681402",1280,720,false],"thumbnail":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-06T123613.257.jpg?resize=150%2C150&ssl=1?v=1767681402",150,150,true],"medium":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-06T123613.257.jpg?fit=300%2C169&ssl=1?v=1767681402",300,169,true],"medium_large":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-06T123613.257.jpg?fit=640%2C360&ssl=1?v=1767681402",640,360,true],"large":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-06T123613.257.jpg?fit=640%2C360&ssl=1?v=1767681402",640,360,true],"1536x1536":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-06T123613.257.jpg?fit=1280%2C720&ssl=1?v=1767681402",1280,720,true],"2048x2048":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-06T123613.257.jpg?fit=1280%2C720&ssl=1?v=1767681402",1280,720,true],"covernews-slider-full":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-06T123613.257.jpg?resize=1115%2C715&ssl=1?v=1767681402",1115,715,true],"covernews-slider-center":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-06T123613.257.jpg?resize=800%2C500&ssl=1?v=1767681402",800,500,true],"covernews-featured":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-06T123613.257.jpg?fit=1024%2C576&ssl=1?v=1767681402",1024,576,true],"covernews-medium":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-06T123613.257.jpg?resize=540%2C340&ssl=1?v=1767681402",540,340,true],"covernews-medium-square":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-06T123613.257.jpg?resize=400%2C250&ssl=1?v=1767681402",400,250,true]},"author_info":{"display_name":"Biz Trend 24","author_link":"https:\/\/biztrend24.com\/author\/online24"},"category_info":"<a href=\"https:\/\/biztrend24.com\/?cat=313&#038;lang=en\" rel=\"category\">Iron &amp; Steel<\/a>","tag_info":"Iron &amp; Steel","comment_count":0,"jetpack_featured_media_url":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-06T123613.257.jpg?fit=1280%2C720&ssl=1?v=1767681402","jetpack-related-posts":[{"id":54501,"url":"https:\/\/biztrend24.com\/?p=54501&lang=en","url_meta":{"origin":53035,"position":0},"title":"India: Bids increase by INR 250\/t in NMDC&#8217;s latest pig iron auction","author":"Biz Trend 24","date":"January 19, 2026","format":false,"excerpt":"NMDC Nagarnar Steel Plant held an auction on 17 Jan'26 for 5,000 t of steel-grade pig iron, with the entire quantity booked at an average price of INR 36,200-36,300\/t exw. Bids increased by around INR 250\/t compared with the previous auction on 2 Jan'26, in which 7,000 t were booked\u2026","rel":"","context":"In &quot;Iron &amp; Steel&quot;","block_context":{"text":"Iron &amp; Steel","link":"https:\/\/biztrend24.com\/?cat=313&lang=en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-19T131306.801.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-19T131306.801.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-19T131306.801.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-19T131306.801.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-19T131306.801.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":54233,"url":"https:\/\/biztrend24.com\/?p=54233&lang=en","url_meta":{"origin":53035,"position":1},"title":"India: Bids increase by INR 250\/t in NMDC&#8217;s latest pig iron auction","author":"Biz Trend 24","date":"January 18, 2026","format":false,"excerpt":"NMDC Nagarnar Steel Plant held an auction on 17 Jan'26 for 5,000 t of steel-grade pig iron, with the entire quantity booked at an average price of INR 36,200-36,300\/t exw. Bids increased by around INR 250\/t compared with the previous auction on 2 Jan'26, in which 7,000 t were booked\u2026","rel":"","context":"In &quot;Iron &amp; Steel&quot;","block_context":{"text":"Iron &amp; Steel","link":"https:\/\/biztrend24.com\/?cat=313&lang=en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-18T112934.254.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-18T112934.254.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-18T112934.254.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-18T112934.254.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-18T112934.254.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":59724,"url":"https:\/\/biztrend24.com\/?p=59724&lang=en","url_meta":{"origin":53035,"position":2},"title":"India: Bids decline by INR 900\/t in SAIL-RSP&#8217;s latest pig iron auction","author":"Biz Trend 24","date":"March 7, 2026","format":false,"excerpt":"SAIL's Rourkela Steel Plant (RSP) auctioned 2,200 t of steel-grade pig iron on 06 Mar'26, with the entire quantity sold at an average INR 38,200\/t exw. Prices declined by INR 900\/t compared with the 13 Feb'26 auction, where 1,700 t were booked at an average INR 39,100\/t exw.","rel":"","context":"In &quot;Iron &amp; Steel&quot;","block_context":{"text":"Iron &amp; Steel","link":"https:\/\/biztrend24.com\/?cat=313&lang=en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-07T130438.837.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-07T130438.837.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-07T130438.837.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-07T130438.837.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-07T130438.837.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":56969,"url":"https:\/\/biztrend24.com\/?p=56969&lang=en","url_meta":{"origin":53035,"position":3},"title":"India: Bids remain stable in NMDC&#8217;s latest pig iron auction","author":"Biz Trend 24","date":"February 14, 2026","format":false,"excerpt":"NMDCs Nagarnar Steel Plant auctioned 12,000 t of steel-grade pig iron on 13 Feb'26, with the entire volume booked at a base price of INR 36,500\/t exw. Bids were unchanged from the 6 Feb auction, when 10,000 t was sold at the same price.","rel":"","context":"In &quot;Iron &amp; Steel&quot;","block_context":{"text":"Iron &amp; Steel","link":"https:\/\/biztrend24.com\/?cat=313&lang=en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/02\/Untitled-design-2026-02-14T125033.485.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/02\/Untitled-design-2026-02-14T125033.485.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/02\/Untitled-design-2026-02-14T125033.485.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/02\/Untitled-design-2026-02-14T125033.485.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/02\/Untitled-design-2026-02-14T125033.485.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":59806,"url":"https:\/\/biztrend24.com\/?p=59806&lang=en","url_meta":{"origin":53035,"position":4},"title":"Weekly round-up: Semis, longs rise on higher input costs; scrap buying cautious amid freight surge","author":"Biz Trend 24","date":"March 8, 2026","format":false,"excerpt":"Billet and sponge iron prices rise sharply w-o-w on higher raw material costs and improved bookings Imported coal prices jump INR 1,100-1,200\/t, while scrap buying stays cautious amid rising freight The domestic steel and raw materials market strengthened in the week ended 6 March, supported by higher input costs and\u2026","rel":"","context":"In &quot;Iron &amp; Steel&quot;","block_context":{"text":"Iron &amp; Steel","link":"https:\/\/biztrend24.com\/?cat=313&lang=en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-08T110959.372.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-08T110959.372.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-08T110959.372.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-08T110959.372.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-08T110959.372.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":63098,"url":"https:\/\/biztrend24.com\/?p=63098&lang=en","url_meta":{"origin":53035,"position":5},"title":"India: SAIL Bokaro&#8217;s pig iron auction sees price uptick of INR 550\/t","author":"Biz Trend 24","date":"April 9, 2026","format":false,"excerpt":"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. 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