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

India: SAIL books 92,000t of iron ore fines

Steel Authority of India Ltd (SAIL) conducted an auction on 4 Sept’21 for 368,000 t of iron ore fines (Fe 49.7%-Fe 52.6%) from its Dalli mines in Chhattisgarh. According to the latest update, the tender received participation for 92,000 t getting booked at INR 600-800/t, loaded on to rakes, including royalty, DMF, NMET, SteelMint notes.


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