Tag: SAIL iron ore auction
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India: Bids inch up INR 150/t at SAIL’s Odisha iron ore auction
Steel Authority of India Ltd (SAIL) conducted an auction today for 100,000 t of iron ore dump fines from its Bolani mines in Odisha, as per reports. The auction received bids for the entire material on offer at INR 7,530-7,540/t (loaded, including royalty, DMF, NMET and additional royalty as per MMDR Amendment Act, 2021), according…