JSW Steel conducted an auction for around 47,400-t iron ore CLO from its Narayanposhi and Nuagaon mines in Odisha on 7 Nov’25. Of the 39,500-t CLO (5-18 mm, Fe 63%) offered, 19,750 t were sold at a base price of INR 7,750/t. However, 7,900-t CLO (10-40 mm, Fe 61%) offered remained unsold at a base price of INR 6,400/t ex-mines. Prices include royalty, DMF, and NMEDT.
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