Steel Authority of India Ltd (SAIL) put up 40,000 t of iron ore dump fines (Fe 59%-indicative) for auction from Bolani mines, Odisha. The steelmaker received bids for the entire quantity at INR 2,275-2,325/t (ex-mines, including royalty, DMF, NMET, and extra premium). The same grade iron ore of 100,000 t was last sold on 22 Feb’22 at INR 3990/t (including royalty, DMF, and extra premium).
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