ArcelorMittal Nippon Steel India (AM/NS India) has scheduled an auction for the sale of 60,350 t of iron ore fines (Fe54-58.5%) and 8,000 t of lumps (Fe62.5%) from Odisha’s Sagasahi mines on 31 Jan’23. The floor price has been set at INR 3,000-3,600/t for fines and INR 7,200/t for lumps. Prices will be ex-mines/loaded onto truck and inclusive of royalty, DMF, and NMET.
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