Steel Authority of India Ltd (SAIL) conducted an auction today for 100,000 t of iron ore dump fines (Fe 60.5%-indicative) from its Bolani iron ore mines in Odisha. Out of the total quantity, the steelmaker received bids for 60,000 t offered at INR 2,950/t ex-mines, including royalty, DMF, NMET and additional premium, SteelMint learnt from sources.
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