Steel Authority of India Ltd (SAIL) conducted an auction from its Dalli and Rajhara mines in Chhattisgarh today, for 52,000 t iron ore fines. Out of the total quantity offered, 4,000 t Dalli iron ore fines (Fe 58.10%) received bids at INR 1,900/t, and the rest 40,000 t iron ore fines (Fe 58.41-60.26% grade) from Rajhara received bids at INR 3,350- 2,290/t exw (inclusive of Royalty). However, another iron ore fines auction scheduled today from Barsua (Odisha) has been deferred to 8th Apr’21 owing to less participation, SteelMint learned.
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