Intel Details

India: SAIL iron ore auction from Odisha fails to attract participation

24 Jun 2022, 16:54 IST
Steel Mint Intel

Steel Authority of India Ltd (SAIL) conducted an auction today for 40,000 t of iron ore fines (Fe 60% indicative) from its Barsua iron ore mines in Odisha. The base price for the material offered was at INR 4,650/t FOR, inclusive of royalty, DMF, NMET and the additional amount mentioned in the MMDR Amendment Act. According to the latest update, the auction failed to receive any response.

24 Jun 2022, 16:54 IST
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