Steel Authority of India Ltd (SAIL) conducted an auction today for 28,000 t iron ore fines from its Rajhara mines in Chhattisgarh. They have received bids for all the material offered at INR 4,600/t (Loaded, including Royalty, DMF and NMET) according to market sources report to SteelMint. The material put to auction was of grade ranging from Fe 60.3% and fetched INR 1,250/t above the last auction held on 26th March’21.
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