India: SAIL to auction over 90,000 t of iron ore from Odisha mines

SAIL will conduct the following iron ore auctions:

• Taldih mines: 8,040 t (Fe 56.71%) dump fines on 25 Sep’25.
• Bolani mines: 43,000-t (10-40 mm, Fe 62.5%) CLO and 20,000-t (Fe 57.79%) dump fines on 26 and 27 Sep.
• Barsua mines: 20,000-t (10-40 mm, Fe 60%) CLO on 27 Sep.

Floor prices are yet to be declared and will be on ex-mines basis for fines and F.O.R. basis for iron ore CLO.