ArcelorMittal Nippon Steel India (AM/NS) has scheduled two iron ore auctions from Odisha. The first auction is for 126,000 t of fines (Fe57-59%) from its Sagasahi mines, while the second auction is for 40,000 t of fines (Fe56-57%) from the Thakurani mines with the base price at INR 1,150-1,550/t and INR 1,050/t, respectively. Both the auctions are scheduled for 12 July.
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