India: Entire quantity booked in JSW’s iron ore fines auction from Odisha

JSW Steel had scheduled an auction for 23,700 t of Fe 55%-58% iron ore fines today (20 Sept’21). They have received bids for the entire material offered at INR 730/t (Loaded, including Royalty, DMF, and NMET) according to market sources report to SteelMint. The company used the MSTC platform (a government undertaking) to conduct the e-auction from its Jajang mine in Odisha’s Keonjhar district.


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