State-run Steel Authority of India Ltd (SAIL) conducted an auction today for 28,000 t of iron ore fines for Fe 60.05% (indicative) from its Rajhara mines in Chhattisgarh. The auction received bids for the entire material on offer at INR 6,200/t (ex-mines, including royalty, DMF, NMET and the additional amount cited in MMDR Amendment Act), as per sources.
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