Steel Authority of India Ltd (SAIL) conducted an auction today for 60,000 t of iron ore tailings (Fe 58%-indicative) from its Barsua mines in Odisha. The steelmaker received bids for the entire material at INR 2,020-2,070/t (ex-mines, including royalty, DMF, NMET and additional premium), SteelMint learnt from sources.
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