Tag: SAIL Auction

India: SAIL iron ore auction from Chhattisgarh fails to attract buyers

Dec 17, 2021

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by

Monika Bajaj

in Fines/Lumps

SAIL conducted an auction for 40,000 t of iron ore fines (Fe 52.52% and Fe 57.25%) from its Dalli and Rajhara iron ore mines in Chhattisgarh. The base prices of Fe 52.52% and Fe 57.25% grade ore stood at INR 1,900/t and INR 2,700/t, respectively. The base price is FOR -inclusive of royalty, DMF, NMET,…