India: SAIL iron ore auction from Odisha fails to elicit response

SAIL conducted an auction for 100,000 t of iron ore dump fines (Fe 60.5%-indicative) from its Bolani iron ore mines in Odisha. The due date for submission of bids was 7 Dec’21 and the base price was INR 3,800/t FOR (ex-mines, inclusive of royalty, DMF, NMET and additional premium). According to latest updates, the tender failed to fetch any response.


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