Govt owned Steel Authority of India Ltd (SAIL) has concluded 72,000 t iron ore fines (Fe 60.8%) auction from its Barsua mines in Odisha. The bid prices stood at INR 3,920-3,930/t (loaded into rakes and excluding royalty), SteelMint learned from its sources. Bids have increased by around INR 230/t against the base price at INR 3,700/t in today’s auction.
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