Steel Authority of India Limited (SAIL) had previously floated a purchase tender for 15,150 t of ferro silicon lumps (Si: 70% min, 10-100 mm) and 60 t of fines for its seven plants across India. At the reverse auction concluded on 6 Mar26, the entire lumps quantity was booked at around INR 107,800\/t ($1,167\/t) FOR, excluding taxes, as per sources. Delivery is scheduled within four months from the date of the purchase order.<\/p>\n","protected":false},"excerpt":{"rendered":"
Steel Authority of India Limited (SAIL) had previously floated a purchase tender for 15,150 t…<\/p>\n","protected":false},"author":1,"featured_media":60593,"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-60592","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\/03\/Untitled-design-2026-03-14T102625.773.jpg?fit=1280%2C720&ssl=1?v=1773462395",1280,720,false],"thumbnail":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-14T102625.773.jpg?resize=150%2C150&ssl=1?v=1773462395",150,150,true],"medium":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-14T102625.773.jpg?fit=300%2C169&ssl=1?v=1773462395",300,169,true],"medium_large":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-14T102625.773.jpg?fit=640%2C360&ssl=1?v=1773462395",640,360,true],"large":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-14T102625.773.jpg?fit=640%2C360&ssl=1?v=1773462395",640,360,true],"1536x1536":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-14T102625.773.jpg?fit=1280%2C720&ssl=1?v=1773462395",1280,720,true],"2048x2048":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-14T102625.773.jpg?fit=1280%2C720&ssl=1?v=1773462395",1280,720,true],"covernews-slider-full":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-14T102625.773.jpg?resize=1115%2C715&ssl=1?v=1773462395",1115,715,true],"covernews-slider-center":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-14T102625.773.jpg?resize=800%2C500&ssl=1?v=1773462395",800,500,true],"covernews-featured":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-14T102625.773.jpg?fit=1024%2C576&ssl=1?v=1773462395",1024,576,true],"covernews-medium":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-14T102625.773.jpg?resize=540%2C340&ssl=1?v=1773462395",540,340,true],"covernews-medium-square":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-14T102625.773.jpg?resize=400%2C250&ssl=1?v=1773462395",400,250,true]},"author_info":{"display_name":"Biz Trend 24","author_link":"https:\/\/biztrend24.com\/author\/online24"},"category_info":"Iron & Steel<\/a>","tag_info":"Iron & Steel","comment_count":0,"jetpack_featured_media_url":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-14T102625.773.jpg?fit=1280%2C720&ssl=1?v=1773462395","jetpack-related-posts":[{"id":59721,"url":"https:\/\/biztrend24.com\/?p=59721&lang=en","url_meta":{"origin":60592,"position":0},"title":"India: SAIL-SSP floats purchase tender for over 2,500 t of HC ferro chrome","author":"Biz Trend 24","date":"March 7, 2026","format":false,"excerpt":"SAIL's Salem Steel Plant (SSP) has issued a purchase tender for 2,573 t of high-carbon ferro chrome (Cr 57-63%, C 5-8%, 10-70 mm). The bid submission deadline is 17 Mar'26, with the highest bid to be excluded under the reverse auction qualification rules. BigMint assessed HC ferro chrome (Cr 60%,\u2026","rel":"","context":"In "Iron & Steel"","block_context":{"text":"Iron & 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-2026-03-07T130327.264.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-2026-03-07T130327.264.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-07T130327.264.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-07T130327.264.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-07T130327.264.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":66229,"url":"https:\/\/biztrend24.com\/?p=66229&lang=en","url_meta":{"origin":60592,"position":1},"title":"India: RINL floats over 12,000 t ferro manganese purchase tender","author":"Biz Trend 24","date":"May 18, 2026","format":false,"excerpt":"Rashtriya Ispat Nigam Ltd (RINL), the corporate entity of Vizag Steel Plant, has invited bids to procure 12,800 t of ferro manganese (Mn:70%, C: 7.5% max, size: 25-50 mm). The last date of bid submission is 29 May'26 and the bid offer is valid for 45 days from the last\u2026","rel":"","context":"In "Iron & Steel"","block_context":{"text":"Iron & Steel","link":"https:\/\/biztrend24.com\/?cat=313&lang=en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/05\/Untitled-design-97-2.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/05\/Untitled-design-97-2.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/05\/Untitled-design-97-2.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/05\/Untitled-design-97-2.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/05\/Untitled-design-97-2.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":61886,"url":"https:\/\/biztrend24.com\/?p=61886&lang=en","url_meta":{"origin":60592,"position":2},"title":"India: SAIL-Durgapur to auction 4,000 t of crude coal tar on 31 Mar’26","author":"Biz Trend 24","date":"March 30, 2026","format":false,"excerpt":"Steel Authority of India Limited's (SAIL) Durgapur Plant will auction 4,000 t of crude coal tar on 31 Mar'26. As per sources, in the previous auction held on 26 March, the entire quantity of 4,000 t was sold at an weighted average price of INR 63,894\/t, indicating strong demand and\u2026","rel":"","context":"In "Iron & Steel"","block_context":{"text":"Iron & 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-27.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-27.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-27.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-27.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-27.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":54706,"url":"https:\/\/biztrend24.com\/?p=54706&lang=en","url_meta":{"origin":60592,"position":3},"title":"India: Bids for iron ore lumps remain firm m-o-m in OMC’s auction","author":"Biz Trend 24","date":"January 20, 2026","format":false,"excerpt":"In OMC's auction for 1.414 mnt of iron ore lumps (Fe 60-65%) on 19 Jan'26, the entire material was booked at INR 5,500-7,700\/t, with premiums of INR 100-1,950\/t. 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Weighted average bids rose by INR 250\/t m-o-m. 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