Tag: SAIL CG iron ore auction

India: SAIL’s low-grade iron ore auction from Chhattisgarh fails to draw buyers

Jan 10, 2022

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by

Indranath Jha

in Fines/Lumps

SAIL auctioned around 52,000 t of low-grade iron ore fines (Fe 51.11- 57.25%) from the Dalli-Rajhara mines in Chhattisgarh. The auction failed to fetch any response from buyers. The due date for submission of bids was 7 Jan’22. The base price of the material offered was INR 2,500-2,600/t FOR, which includes royalty, DMF, NMET and…