Tag: SAIL iron ore auction
-

India: SAIL’s iron ore auction from Odisha fails to attract buyers
Steel Authority of India Ltd. (SAIL) conducted an auction today for 40,000 t of iron ore fines (Fe 62.5%) from its Bolani mines in Odisha. The base price for the material was INR 5,225/t FOR, inclusive of royalty, DMF, NMET and the additional amount mentioned in the MMDR Amendment Act. According to latest updates, the…