India: Around 45,000 t of iron ore booked in SAIL’s Bolani auctions
SAIL conducted auctions for 60,000 t of iron ore CLO (10-40 mm, Fe 62%) from its Bolani mines on 18 Jun’26. According to the sources, 44,000 t were sold at INR 5,800/t. Meanwhile, in its last auction on 16 Jun’26, 24,000 t of CLO (10-40 mm, Fe 61.80-62.64%) were booked at INR 5,225-5,350/t (ex-mines). Prices were on FOR loaded into rake basis and included royalty, DMF, NMET, and additional premium.
