India: Over 30,000 t of iron ore booked in SAIL auctions

SAIL’s auctions from Odisha’s Barsua and Bolani mines saw 32,000-t iron ore fines booked.

• Barsua: Entire 20,000 t (Fe 60%) booked at INR 4,200/t against base price INR 4,100/t on 20 June. Prices are FOR loaded, including royalty, DMF, NMET, extra premium.
• Bolani: Entire 12,000 t (Fe 62.7%) sold at INR 4,900/t against base price INR 4,850/t on 24 June. Prices on ex-mines basis, including royalty, DMF, NMET, extra premium.