Tag: SAIL iron ore auction
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India: Iron ore sales fall by 80%, m-o-m, at SAIL auctions in Nov’21
Sales of iron ore fines at auctions conducted by state-owned steelmaker SAIL dropped a straight 80% on the month to just 60,000 tonnes (t) in Nov’21 from 300,000 t in Oct, as per month-wise data maintained with SteelMint. Importantly, merely 16% of 360,000 t of material offered at SAIL iron ore auctions in Nov was…