Tag: SAIL iron ore auction
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India: SAIL’s iron ore auction from Odisha fails to attract buyers
Steel Authority of India Ltd (SAIL) conducted an auction today for 80,000 t of iron ore tailings (Fe 56% Indicative) from its Barsua mines in Odisha. The base price for the material was INR 2,050/t ex-mines, inclusive of royalty, DMF, NMET and the additional amount mentioned in the MMDR Amendment Act. According to the latest…