Govt allows SAIL to sell 25% of iron ore output

Ministry of Mines has allowed Steel Authority of India Limited, SAIL to offload in a year up to a quantity equivalent to maximum 25 per cent of total iron ore production in the previous year.

It will be subject to clearance from the respective State Governments, where the mines are located, after following due procedure. It is valid for a period of 2 years. Around 7



Million tonnes of iron ore, produced at its different mines in the States of Jharkhand, Odisha and Chattisgarh, can be offloaded by SAIL to the domestic market after getting necessary clearance from the State Governments. This will enable SAIL to not only fulfil its own requirement, but also to partially cater to shortfall in domestic iron ore requirement.