Business line: sail allowed to offload 25% of iron ore output
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NEW DELHI: The mines ministry on Tuesday said it has allowed state-owned SAIL to offload up to 25 per cent of total iron ore produced in the previous year through open market. However, it will be subject to clearance from the respective state governments, where the mines are located, after following due procedure.
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SAIL allowed to offload 25% of iron ore output. The Ministry of Mines has allowed Steel Authority of India Ltd (SAIL) to offload, in a year, up to a quantity equivalent to maximum of 25 per cent of total iron ore production in the previous year.
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