JSW Steel had scheduled an auction for 23,700 t of Fe 52-55% iron ore fines. The miner did not receive any response in the auction with the entire material remaining unsold. The company used the MSTC platform (a government undertaking) to conduct the e-auction from its Jajang mine in Keonjhar district, Odisha. The floor price for the auction was at INR 800/t (including royalty, DMF and NMET).
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