Tag: SAIL iron ore auction

India: SAIL iron ore auction from Odisha receives tepid response

Feb 24, 2022

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by

P Anjali

in Fines/Lumps

Steel Authority of India Ltd. (SAIL) conducted an auction today for 76,000 t of iron ore fines (Fe 62.5%- indicative) from its Bolani iron ore mines in Odisha. Out of the total quantity on offer, SAIL received bids for 40,000 t offered at INR 6,840/t (loaded on wagon, including royalty, DMF, NMET and additional premium),…