India: Entire iron ore volume booked at SAIL’s Chhattisgarh auction

Steel Authority of India Ltd (SAIL) conducted an auction on 25 Jun’21 for 56,000 t of iron ore fines and concentrates from its Dalli mines in Chhattisgarh. Bids were received for 28,000 t of concentrates (Fe 64.8%) at around INR 8,120/t and the remaining lot of 28,000 t fines (Fe 55.02%) fetched bids at INR 2,700/t (loaded, including royalty, DMF and NMET), according to market sources.


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