Tag: SAIL iron ore auction

State-run Steel Authority of India Ltd (SAIL) conducted an auction today for 28,000 t of iron ore fines for Fe 60.05% (indicative) from its Rajhara mines in Chhattisgarh. The auction received bids for the entire material on offer at INR 6,200/t (ex-mines, including royalty, DMF, NMET and the additional amount cited in MMDR Amendment Act),…