Intel Details

India: SAIL's iron ore auction from Odisha gets dull response

Fines/Lumps
25 Aug 2021, 16:16 IST
Steel Mint Intel

Steel Authority of India Ltd (SAIL) conducted an auction today for 100,000 t of iron ore tailings (Fe 59.8%) from its Barsua iron ore mines in Odisha. Out of the total quantity on offer, SAIL received bids for 20,000 t offered at INR 5,900/t (loaded on to wagon, including royalty, DMF, NMET and the additional amount mentioned in the MMDR Amendment Act), SteelMint gathered from sources.

25 Aug 2021, 16:16 IST
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