Intel Details

India: Over 30,000 t of iron ore booked in SAIL auctions

Fines/Lumps
26 Nov 2025, 15:29 IST
Steel Mint Intel

SAIL's iron ore auctions received premiums of around INR 300-500/t, with 32,000 t booked on 25 Nov'25.

  • Bolani: 12,000-t fresh fines (Fe 62.80%) were booked at INR 6,200/t against the base price of INR 5,900/t.
  • Barsua: 20,000-t CLO (Fe 60%, 10-40 mm) were booked at INR 6,000/t against the base price of INR 5,500/t.
  • Prices included royalty, DMF, NMET, and extra premiums.

26 Nov 2025, 15:29 IST
You have 3 complimentary intel remaining! Stay informed with BigMint
;