Tag: SAIL iron ore auction

India: Bids fall by around INR 300/t in SAIL’s iron ore dump auction from Odisha

Mar 17, 2021

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by

Indranath Jha

in Fines/Lumps

Govt-owned steelmaker- Steel Authority of India Ltd (SAIL) conducted an auction from its Taldih mines (Odisha) today 17 Mar’21, for 80,000 t dump iron ore fines (Fe 56.5%). The company has received bids for the entire material offered at INR 1,250/t (loaded into rakes and excluding royalty). Bids have declined by around INR 300/t against…