JSW Steel (JSW) conducted an auction for 205,400 t of iron ore lumps from the Nuagaon and Narayanposhi mines in Odisha on 17 Mar’23. According to sources, 7,900 t (10-40 mm, cr, Fe 63%) were booked at the the floor price of INR 7,200/t and another 3,950 t (10-40 mm, sc, Fe62%) were booked at the floor price of INR 6,700/t. Prices include royalty, DMF and NMET.
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