Tag: SAIL iron ore auction

India: SAIL auctions off 136,000 t high-grade iron ore fines from Bolani mine

May 25, 2021

—

by

Indranath Jha

in Fines/Lumps

As per SteelMint reports, steel major SAIL conducted an iron ore auction for 136,000 t of fines (Fe 62.5%) from the company’s Bolani mine in Odisha. The entire quantity offered at the auction received bids at INR 9,000-9010/t, (loaded, including Royalty, DMF, NMET as well as the additional amount as mentioned in the MMDR Amendment…