SAIL-Bolani conducted an auction for 40,000 t of iron ore dump fines. According to sources,
- 20,000 t of iron ore dump fines (Fe 60.23%) were booked at INR 4,000/t against the base price of INR 3,300/t.
- However, another auction for 20,000 t of iron ore dump fines (Fe 60.24%) received no bids.
- Price is on ex-mines basis and inclusive of royalty, DMF, NMET and extra premium.