India: Buyers book 80,000 t of iron ore in SAIL-Bolani’s auction from Odisha

Steel Authority of India Ltd (SAIL) conducted an auction for 80,000 t of iron ore dump fines (Fe 55.18-55.75%) from its Bolani mines in Odisha on 22 May’24. According to sources, the entire quantity got booked at base price of INR 2,825/t. Price is on ex-mines basis, including royalty, DMF, NMET & extra premium.