India: Over 50,000 t of iron ore booked in SAIL’s Odisha auctions

SAIL conducted auctions for 52,000 t of iron ore fines ( Fe 62%) from its Bolani and Barsua mines on 24-25 Jun’26. About 40,000 t dump fines (Fe 60.22-60.8%) were sold at INR 4,000-4,150/t (ex-mines) against a base price of INR 3,850-4,000/t. Meanwhile, in its another auction on 25 Jun’26, 12,000 t of Barsua fresh fines (Fe 59.5%) were booked at INR 3,750/t (FOR loaded into rake basis). Prices included royalty, DMF, NMET, and additional premium.