Author: Nidhi Awasthi

India: SAIL’s iron ore auction sales decline m-o-m in May’26, buyers shift focus towards fresh fines

Jun 19, 2026

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by

Nidhi Awasthi

in Fines/Lumps

Lower dump files, CLO sales from Bolani lead to decline Demand slows on weak sponge iron margins, falling steel prices Steel Authority of India Ltd. (SAIL) sold 331,380 t of iron ore through e-auctions in May 2026 out of 587,340 t offered, down by around 11% from 371,710 t sold in April out of 547,690…