India: SAIL to auction over 70,000 t of iron ore from Odisha

SAIL will auction 72,000 t of iron ore from Odisha this week.

• 28 Mar: 20,000-t dump fines (Fe 61.22%) from Bolani mines on 28 Mar.
• 30 Mar: 12,000-t CLO (10-40 mm, Fe 63.5%) from Bolani mines on 30 Mar.
• 31 Mar: 20,000-t fresh fines (Fe 59.5%) from Barsua and 20,000-t dump fines (Fe 58.99%) from Bolani mines on 31 Mar.

Prices will be on ex-mines/FOR basis, inclusive of royalty, DMF, NMEDT, and extra premium.