Govt owned SAIL conducted an auction today from its Dalli mines in Chhattisgarh for 28,000 t iron ore concentrate (Fe 65.8%). Entire quantity put under hammer received bids at INR 7,640/t (loaded into rakes and including royalty). This is for the first time that SAIL has auctioned a lot of over Fe 65% fines since auctions begun in Feb’20.

Leave a Reply