India: Buyers book entire quantity of iron ore in SAIL's Bolani auction
The Steel Authority of India Ltd (SAIL) conducted an auction for 20,000 t of iron ore dump fines (Fe 58.39%) from its Bolani mines in Odisha on 16 Dec'23. According to sources, the entire quantity of dump fines got booked at INR 3,480/t. Price is on ex-mines and includes royalty, DMF, NMET, and extra premium.