Tag: Bolani iron ore

Steel Authority of India Ltd (SAIL) conducted an auction today for 40,000 t of iron ore fines (Fe 62.5%-indicative) from its Bolani iron ore mines in Odisha. The company received bids for the entire material at INR 5,950-6,000/t (including royalty, DMF and NMET), down INR 840/t against the last auction on 24 Feb. Drop in…