India: JSW Steel to auction 400,000 t iron ore on 6 June

Steel major JSW Steel Ltd. has scheduled an auction for 400,000 t of iron ore lump (Fe 57-58%) on 6 Jun’22. The material is from the company’s Jajang mine in Keonjhar district of Odisha. The floor price for the auction has been set at INR 3,450/wet metric tonne (WMT) ex-mines (including royalty, DMF and NMET).


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