Tag: SAIL iron ore fines auction

India: Bids fall by INR 400/t in today’s SAIL iron ore auction from Odisha

Mar 19, 2021

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by

Indranath Jha

in Fines/Lumps

In today’s auction conducted by SAIL for 140,000 t dump iron ore fines (Fe 60%), bids fell by around INR 400/t against the previous auction held on 10 Mar’21. The auction received bids for the entire offered quantity at INR 2,500/t (excluding Royalty & other taxes) from its Bolani mines in Odisha. Bids have fallen…