JSW Steel had scheduled an auction for 23,700 t of Fe 55-58% iron ore fines today from its Jajang mine in Keonjhar district, Odisha. The company fetched bids for two lots (each comprising 3,950t) put to auction at the base price of INR 2,000/t ex-mines (including royalty, DMF and NMET). The company used the MSTC platform to conduct the e-auction. JSW Steel has scheduled another auction for 23,700 t of Fe 52-55% iron ore fines on 31 Aug’21.

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