March 16, 2026

India: Over 140,000 t of iron ore booked in Odisha auctions

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42,000-t iron ore were booked at Odisha-based miners’ auctions.

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  • AM/NS Sagasahi: 98,000-t lumps (5-18 mm, Fe 58.5-62.5%) sold at INR 6,000-6,850/t and 24,000 t fines (Fe 56.5%) sold at INR 3,850/t against the base price of INR 3,500/t and 24,000 t of residual fines (Fe 53%) got booked at INR 2,375/t.
  • SAIL Bolani :20,000-t dump fines (Fe 61.82%) booked at INR 5,325/t against base INR 5,225/t.