Tag: SAIL Barsua iron ore fines e-auction

India: Bids increase in SAIL’s iron ore auction from Odisha mines

Nov 25, 2020

—

by

Indranath Jha

in Fines/Lumps

Govt owned Steel Authority of India Ltd (SAIL) has concluded 72,000 t iron ore fines (Fe 60.8%) auction from its Barsua mines in Odisha. The bid prices stood at INR 3,920-3,930/t (loaded into rakes and excluding royalty), SteelMint learned from its sources. Bids have increased by around INR 230/t against the base price at INR…