Steel Authority of India Ltd (SAIL) conducted an auction today for 24,000 t of iron ore fines from its Dalli mines in Chhattisgarh. The company received bids for the entire material on offer at INR 7,900/t (loaded, including Royalty, DMF, NMET and additional Royalty as per MMDR Amendment), as per sources. The material put under the hammer was of high grade – Fe 64.34% and Fe 64.66%.
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