India: Entire quantity of iron ore dump fines booked in SAIL -Bolani’s auction

The Steel Authority of India Ltd (SAIL) has conducted an auction for 20,000 t of iron ore dump fines (Fe 60.23%- indicative) from its Bolani mines in Odisha on 18 Mar’24. According to sources, the entire quantity got booked at INR 3,190/t. Price is on ex-mines basis and includes royalty, DMF, NMET, and extra premium.