Steel Authority of India Ltd (SAIL) conducted an auction today for 80,000 t of iron ore fines (Fe 62.5% indicative) from its Bolani iron ore mines in Odisha. The auction received bids for all the material offered at 6,050-6,100/t (loaded on wagon, including royalty, DMF, NMET and the additional amount mentioned in the MMDR Amendment Act), SteelMint gathered from sources.
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