India: Over 40,000 t of iron ore lumps booked at JSW’s auction from Odisha

JSW Steel Ltd conducted an auction for around 98,750 t of iron ore CLO (10-40 mm, Fe 55%) from its Jajang mines in Odisha on 10 Oct’24. According to sources, around 43,350 t of iron ore CLO were booked at the base price of INR 3,000/t. Prices were on ex-mines/plot basis and inclusive of royalty, DMF, and NMET.


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