India: JSW’s iron ore lump auction from Odisha receives poor response

Steel major JSW Steel had scheduled an auction for 205,400 tonnes (t) of crushed iron ore lump (Fe 55-58%) on 26 Apr’22 from its Jajang iron ore mine in Odisha out of which only 39,500 t was booked at the base price of INR 4,800/t ex-mines including royalty, DMF and NMET.


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