Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

A fire broke at Sail’s Rourkela Steel plant on Monday. The fire started in the control room of the steel melting shop-2 on Monday as per media reported. There were no reports of injuries or death in the incident. Work at the melting shop, however, has been temporarily disrupted. The company states work will be restarted in the next 10 days.


On Monday, SAIL-RSP had also conducted e-auction of pig iron of 9,200mt sold  at an average price of Rs38,500/mt ($525/mt) ex-works, higher price than the previous auction. 


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