India: Bidders book 20,000 t of iron ore tailings at SAIL’s auction from Odisha

Steel Authority of India Ltd (SAIL) put up 20,000 t of iron ore tailings (Fe 58.55%-indicative) for auction from Barsua mines located in Odisha on 14 Mar’23. According to sources, the steelmaker received bids for the entire quantity at INR 4,600/t. Prices were ex-mines, including royalty, DMF, NMET, and an extra premium.


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