Steel Authority of India Ltd (SAIL) conducted an auction at Bolani mines for iron ore fines Fe 62.5%. Entire quantity of 72,000 t received bids at INR 5,270-5,280/t (loaded into rakes and excluding royalty) against the base price at INR 4,600/t (loaded into rakes and excluding royalty).However, the bids have dropped against last Bolani fines e-auction prices at INR 5,400-5,410/t conducted on 11th Dec’20.
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