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":60580,"url":"https:\/\/biztrend24.com\/?p=60580&lang=en","url_meta":{"origin":60592,"position":1},"title":"India: Vedanta-FACOR to conduct ferro chrome auction on 16 Mar’26","author":"Biz Trend 24","date":"March 14, 2026","format":false,"excerpt":"Vedanta-Ferro Alloys Corporation Ltd (FACOR) has scheduled an auction for high-carbon (HC) ferro chrome (Cr: 52.5-57% min, 10-150 mm) on 16 Mar'26. At the previous auction on 27 Feb26, the bigger lot of 10-150 mm fetched an H1 price of INR 120,200\/t ($1,301\/t) exw. BigMint assessed ferro chrome (HC 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-2026-03-14T102019.277.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-2026-03-14T102019.277.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-14T102019.277.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-14T102019.277.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-14T102019.277.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":62306,"url":"https:\/\/biztrend24.com\/?p=62306&lang=en","url_meta":{"origin":60592,"position":2},"title":"India: Vedanta-FACOR to conduct HC ferro chrome auction","author":"Biz Trend 24","date":"April 2, 2026","format":false,"excerpt":"Vedanta-Ferro Alloys Corporation Ltd (FACOR) has scheduled an auction for high-carbon ferro chrome (Cr: 50-56% min, 0-150 mm) on 3 Apr'26, with minimum allowed bid quantities of 30-300 t. BigMint assessed ferro chrome (HC60%, 10-150 mm) prices at INR 117,000\/t ($1,249\/t) exw-Jajpur on 1 Apr'26.","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\/04\/Untitled-design-42.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/04\/Untitled-design-42.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/04\/Untitled-design-42.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/04\/Untitled-design-42.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/04\/Untitled-design-42.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":55143,"url":"https:\/\/biztrend24.com\/?p=55143&lang=en","url_meta":{"origin":60592,"position":3},"title":"India: Vedanta-FACOR to conduct HC ferro chrome auction","author":"Biz Trend 24","date":"January 24, 2026","format":false,"excerpt":"Vedanta-Ferro Alloys Corporation (FACOR) has scheduled an auction for high-carbon ferro chrome (Cr: 56% min, 0-150 mm) on 28 Jan'26. The minimum allowed bid quantity across lots is 30-300 t. BigMint assessed HC ferro chrome (Cr: 60%, 10-150 mm) prices at INR 112,600\/t ($1,224\/t) ex-Jajpur on 23 Jan'26.","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\/01\/Untitled-design-2026-01-24T113247.877.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-2026-01-24T113247.877.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-24T113247.877.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-24T113247.877.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-24T113247.877.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":4},"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":5},"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. Weighted average bids remained largely stable m-o-m. Earlier, OMC had raised the base prices of lumps by INR 800\/t. A hike of\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\/01\/OMC-Lumps-19-Jan26.png?fit=709%2C567&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/OMC-Lumps-19-Jan26.png?fit=709%2C567&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/OMC-Lumps-19-Jan26.png?fit=709%2C567&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/OMC-Lumps-19-Jan26.png?fit=709%2C567&ssl=1&resize=700%2C400 2x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/posts\/60592","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=60592"}],"version-history":[{"count":1,"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/posts\/60592\/revisions"}],"predecessor-version":[{"id":60594,"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/posts\/60592\/revisions\/60594"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/media\/60593"}],"wp:attachment":[{"href":"https:\/\/biztrend24.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=60592"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=60592"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=60592"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}