India: SAIL's iron ore auction from Odisha gets dull response

India: SAIL iron ore auction receives active response

Steel Authority of India Ltd (SAIL) conducted an auction on 3 Sept’21 for 36,000 t of iron ore concentrate (Fe 64.7%-Fe 65.02%) from its Dalli and Rajhara iron ore mines in Chhattisgarh. According to latest updates, the tender received active participation with the entire quantity getting booked at INR 3,020-3,080/t, loaded on to rakes, including royalty, DMF, NMET and additional amount as per MMDR Amendment Act, SteelMint notes.


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