Steel Authority of India Ltd (SAIL) conducted an auction today for 40,000 t iron ore fines (Fe 56.3-58.1) from its Dalli/Rajhara mines in Chhattisgarh. They have received bids for 24,000t material offered at INR 2,750-3,460/t (Loaded, including Royalty, DMF and NMET) according to market sources report to SteelMint.
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