Tag: SAIL iron ore auction
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India: 40,000 MT iron ore fines booked in SAIL’s auction from Bolani mines
Steel Authority of India (SAIL) had scheduled auction for 100,000 MT iron ore fines from its Bolani iron ore mines today i.e 05th June’20. The miner fetched bids for 40% of the fines (Fe 62.5%) put to auction and it received bids at INR 1,500/MT (loaded to rake; Royalty, DMF, NMET & other taxes extra).…