India: SAIL books 200,000 t dump iron ore fines through auction

Govt owned steelmaker-Steel Authority of India Ltd (SAIL) conducted an auction today from its Bolani mines in Odisha. 200,000 t iron ore dump fines (Fe 60%) were put up for auction today. Entire material put to auction received bids at INR 2,810-2,830/t against the set base price at INR 2,350/t (loaded into rakes and excluding royalty), SteelMint learned from sources.


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