India: 60,000 t iron ore fines booked at SAIL’s auction from Bolani

SAIL put up 60,000 t of iron ore dump fines (10 mm, Fe57%-indicative) for auction from Bolani iron ore mines, Odisha. SteelMint heard from sources that the entire material were sold at INR 2,600-2,650/t, higher by INR 300-350/t compared to the base price of INR 2,300/t (ex-mines, including royalty, DMF, NMET, and extra premium).