India: Over 70,000 t of iron ore booked in SAIL auctions from Odisha

Total of 75,000 t iron ore booked from its Bolani mines, prices include royalty, DMF, NMET, extra premium.

• 6 Feb: 12,000 t fresh fines (Fe 61%) booked at INR 5,500/t against base price INR 5,100/t.
• 10 Feb: 43,000-t CLO (10-40 mm, Fe 62%) at INR 7,075/t against the base price of INR 6,675/t.
• 11 Feb: 20,000-t dump fines (Fe 60.13%) at INR 5,150/t against the base price of INR 4,700/t.