Steel major Steel Authority of India Ltd (SAIL) conducted an auction from its Barsua iron ore mine in Odisha on 27 May’21. At the auction for 1,04,000 t iron ore fines (Fe 60.5%), bids were received for 72,000t at INR 7,200-7,210/t (loaded, including Royalty, DMF, NMET and the additional amount under MMDR Amendment Act).
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