India: SAIL concludes 28,000 t iron ore fines auction

Steel Authority of India (SAIL) conducted an e-auction from its Dalli Rajhara iron ore mines from Chhattisgarh for 28,000 t iron ore fines today (i.e 10th Oct). The entire quantity offered of fines (Fe 60.5%) received bids at INR 3,520/t (loaded into rakes and including royalty) over the set base price of INR 2,500/t as per the sources.


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