Author: Nidhi Awasthi
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India: SAIL-Bolani’s lumps auction fetches higher bids
Steel Authority of India Ltd (SAIL) conducted an auction for 9,000 t of iron ore lumps (10-50 mm, Fe 62.5%) from its Bolani mines in Odisha on 6 May’24. According to sources, the entire quantity got booked at INR 7,050/t against the base price of INR 6,650/t. Notably, bid prices were higher by INR 400/t.…