India: SAIL iron ore concentrates auction from Chhattisgarh receives weak response

SAIL conducted an auction for 52,000 t of iron ore concentrates (Fe 52.52%-64.04%- indicative) from its Dalli, Rajhara mines in Chhattisgarh on 16 Mar’22. Out of the total quantity offered, about 12,000 t received bids at INR 5,900/t (loaded, including royalty, DMF, NMET and additional premium).


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