Steel Authority of India Ltd (SAIL) conducted an auction today from its Rajhara mines in Chhattisgarh for 28,000 t fines (Fe 58%). According to sources report to SteelMint, the base price was set at INR 4,000/t (loaded into rakes and including royalty), but there were no bids fetched. In last e-auction held from Dalli mines for Fe 58.1% fines the miner had recived bids at INR 4,320/t (loaded into rakes and including royalty).
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