SAIL (Steel Authority of India Ltd) has extended due dates of its iron ore fines e-auction. SteelMint learned from its sources that amid lockdown announced to control the spread of coronavirus and awaited approval from Jharkhand govt are the reasons behind the extension of due dates.
Details of SAIL upcoming iron ore fines e-auctions.
| Name of Mines | State | Quantity Offered | Due Date |
| Megathaburu | Jharkhand | 300,000 MT | 13 Apr’20 |
| Rajhara | Chhattisgarh | 28,000 MT | 30 Mar’20 |
| Kiriburu | Jharkhand | 200,000 MT | 15 Apr’20 |
| Bolani | Odisha | 100,000 MT | 08 Apr’20 |
| Barsua | Odisha | 40,000 MT | 09 Apr’20 |
| Dalli | Chhattisgarh | 28,000 MT | 08 Apr’20 |
| Gua | Jharkhand | 500,000 MT | 08 Apr’20 |
Last week, iron ore auctions were scheduled from its Barsua and Bolani iron ore fines e-auction for 100,000 MT. The material offered from both mines remained unsold, as buyers remain sidelines amid corona outbreak.
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