India: SAIL-RSP’s iron ore auctions from Odisha receive active response

SAIL iron ore auction details:

• Barsua mines: 19,940 t (Fe 60.20%) iron ore tailings sold at INR 5,000/t (base price – 4,375/t) on 29 Oct’25.
• Bolani mines: 30,100 t iron ore CLO (10-40 mm, Fe 62.5%) booked at INR 6,850/t, 12,000-t dump fines (Fe 55.3%) at INR 2,305/t, 43,000-t iron ore CLO (10-40 mm, Fe 62.5%) at INR 6,700/t and 16,000-t dump fines (Fe 61.01%) at INR 5,315/t in auctions held from 24-30 Oct.