India iron ore prices

India: Bids remain stable in SAIL’s iron ore fines auction from Chhattisgarh

Govt-owned steelmaker- Steel Authority of India Ltd (SAIL) conducted an auction from its Rajhara mines in Chhattisgarh today (15 Mar’21) for 28,000 t iron ore fines (Fe60.16%). The auction received bids for the entire material offered at INR 3,350/t (loaded into rakes and including royalty). Bids have remained largely unchanged against its previous auction held on 26th Feb’21.


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