India: SAIL fetches higher bids in recent iron ore auction from CG mines

Steel Authority of India Limited conducted an auction for 28,000 t iron ore fines from its Rajhara mines in Chhattisgarh. The auction fetched bid at INR 4,170/t (loaded into rakes and including royalty) which is higher by INR 850/t compared to the previous auction held on 06 Nov’20, sources reported to SteelMint.


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