India: Over 60,000 t of iron ore CLO booked in Odisha auctions

Around 63,000 t iron ore CLO received bids in JSW and SAIL auction conducted on 12 Jan’26 from Odisha.

• JSW: 19750-t CLO (5-18 mm cr, Fe 63%) sold at INR 8,090/t (INR 190/t premium) ex-mines basis from its Narayanposhi mines.
• SAIL Bolani: 43,000-t CLO (10-40mm, Fe 62%) booked at base price of INR 6,675/t on FOR rake loaded.
• Prices are inclusive of royalty, DMF & NMET.