SAIL conducted an auction for 20,000 t of iron ore dump fines (Fe 58.26%) from its Bolani mines in Odisha on 25 Apr’24. According to sources, the entire quantity was booked at INR 2,650/t against the base price of INR 2,500/t. Notably, bid prices were higher by INR 150/t. The price is on ex mines basis, including royalty, DMF and NMET and additional premium.
