India: JSW Steel reduces iron ore offers from Odisha

JSW Steel has reduced iron ore offers this week from its mines in Odisha. The revised prices are as follows:

  • Fines Fe 62% is assessed at INR 3,900/t, lower by INR 500/t against mid-Sep’21.
  • 5-18mm lump ore (crushed Fe 62%) is assessed at INR 10,900/t, down INR 200/t against the last assessment.
  • The prices are on ex-mines basis, including royalty, DMF and NMET.

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