India: 40,000 t of iron ore booked in SAIL auctions from Odisha

Around 40,000 t of iron ore was booked in SAIL’s auctions from Odisha.

• 20,000 t dump fines (Fe 61.1%) booked at INR 4,275/t from Bolani while 12,000 t CLO remained unsold (INR 6,375/t base).
• 20,000 t fresh fines (Fe 62%) booked at INR 5,300/t (INR 850/t premium) from Bolani and 20,000 t fresh fines from Barsua unsold (INR 5,225/t base).
• Prices included royalty, DMF, NMET, and extra premium.