JSW Steel had scheduled an auction for 51,350 t of iron ore lumps (5-18 mm, Fe 61-62%) today from its Nuagaon mines in Odisha. As per sources, only 7,900 t of the material was booked at the base price of INR 6,000/wet metric tonne (WMT) ex-mines, including royalty, DMF and NMET.
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