Steel major JSW Steel Ltd has scheduled an auction for 102,700 t of fines (Fe54%) and 205,400 t of lumps (Fe61%) on 18 Aug’22. The fines auction is from the company’s Jajang mines while lumps auction is from Nuagaon mines in Odisha. The floor prices for fines and lumps have been set at INR 950/wet metric tonne (WMT) and INR 5,700/WMT, respectively on ex-mines basis (including royalty, DMF and NMET).
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