India: JSW to auction over 580,000 t of iron ore from Odisha

JSW Steel Ltd (JSW) has scheduled an auction for sale of 580,650 t of iron ore – 355,500 t of fines (Fe54.5-56%) from Jajang mines and 225,150 t of lumps (screened-10-40 mm, Fe62-63%) from Nuagaon, Narayanposhi, and Gonua mines in Odisha on 30 Mar’23. The floor prices for fines is INR 2,200-3,000/t and that for lumps is INR 6,500-7,000/t. Prices include royalty, DMF, and NMET.


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